Georgia § 36-91-24 Liquidated damages and other incentive provisions for project completion

Georgia Statutes

§ 36-91-24 — Liquidated damages and other incentive provisions for project completion

Public works construction contracts may include both liquidated damages provisions for late construction project completion and incentive provisions for early construction project completion when the project schedule is deemed to have value. The terms of the liquidated damages provisions and the incentive provisions shall be established in advance as a part of the construction contract and included within the terms of the bid or proposal.

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Public works construction contracts may include both liquidated damages provisions for late construction project completion and incentive provisions for early construction project completion when the project schedule is deemed to have value. The terms of the liquidated damages provisions and the incentive provisions shall be established in advance as a part of the construction contract and included within the terms of the bid or proposal.

Georgia § 36-91-24 (Liquidated damages and other incentive provisions for project completion) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.