Mike Stewart
Partner
Construction and International Arbitration
Article
12
Liquidated damages (LDs, or sometimes referred to as "liquidated and ascertained damages" or LADs) are an agreed or pre-determined level of damages, which can be deducted by an innocent party from a defaulting party in the event of certain contractual breaches. Very often, they are deducted in respect of delay, although they can also be deducted when there has been a failure in performance. They are used as an alternative to the general damages that might be recoverable in the event of a contractual breach – the innocent party cannot recover both in respect of the same losses.
In this article in our Back to Basics series, we discuss the topic of liquidated damages and what the parties to a contract need to consider at drafting stage. The series provides practical insights on key construction topics in relation to English law for non-English qualified in-house lawyers, contract managers and construction professionals.
If there is a contractual breach which causes a party to suffer losses, that party can recover general monetary damages from the defaulting party.
The innocent party will need to prove both the breach and its losses in order to recover general damages. The level of damages, i.e. the monetary sum to be awarded to put the innocent party back into the position they would have been in had there been no breach, must then be determined, whether by the parties (if there is no dispute) or more likely by a court or arbitral tribunal.
These general damages can be referred to as "unliquidated damages", meaning that the parties did not agree in advance the level of damages to be recovered.
The complexity of engineering and construction contracts means that it is often very difficult to assess actual or general damages, particularly for delay. Agreeing a level of liquidated damages can resolve this difficulty and a well-drafted liquidated damages clause can provide both parties with increased certainty.
As well as agreeing the monetary value associated with a breach, such a clause can enable parties to link the value to a breach – for example, a certain sum can be agreed to be due and payable by a contractor to the employer for each day of delay.
It is very common for parties to agree liquidated damages for delay, as in the example above. The delay could be a failure to complete part of the project in line with the schedule, or the whole of the works by a contractual completion date. Liquidated damages can, however, be applied more generally. A breach in achieving most measureable deliverables will usually suit the application of liquidated damages. For example, a failure to achieve particular results in testing could be linked to pre-determined damages. Liquidated damages can also be agreed to be paid by the employer to the contractor – for example, in relation to a delay in granting access to the project site.
As well as providing an exhaustive remedy for a particular form of breach, the contract can include a limit or cap on the total sum of liquidated damages to be paid for the delay.
Often the paying (defaulting) party will challenge the validity or application of a liquidated damages clause. It is not impossible, though, to foresee circumstances where the innocent party might challenge the validity of a liquidated damages clause – perhaps if the liquidated damages will not compensate them for the damages actually suffered, making general damages a more attractive remedy. To protect and ensure the certainty that a liquidated damages clause can provide, parties will want to make sure the clause is sufficiently robust to withstand challenges.
Parties should:
At the outset of a construction or engineering contract, agreeing a clear and certain liquidated damages clause can provide the parties with valuable comfort as to the risks they are taking – both in entering the contract and also as events occur during a project's lifetime. To ensure the liquidated damages clause is enforceable, the parties should properly negotiate the terms and the level of liquidated damages to be applied in the event of a particular breach.
If a breach occurs, the parties should be alive to any condition precedents that must be satisfied, before liability to pay liquidated damages actually arises.
If you have any questions about the points raised in this article, please contact Mike Stewart or Mary Lindsay. For more insight into key construction topics in relation to English law, look out for more updates from our 'Back to Basics' series of articles for non-English qualified in-house lawyers, contract managers and construction professionals.
Please also see our recent article in this series, which explored what to consider when choosing or using international arbitration agreements, for related insight into other relevant topics.
Footnotes:
[1] Dunlop Pneumatic Tyre Co Ltd v New Garage & Motor Co Ltd [1915] A.C. 79, Phillips Hong Kong Ltd v The Attorney General of Hong Kong Co (Hong Kong) [1993] UKPC 3a and Cavendish Square Holdings BV v El Makdessi and ParkingEye Ltd v Beavis [2015] UKSC 67.
[2] Temloc Ltd v Errill Properties Ltd [1987] 39 B.L.R. 30.
[3] Silent Vector Pty Ltd t/as Sizer Builders v Squarcini [2008] WASC 246, an Australian case which is not binding on English courts but may be cited as guidance.
[4] Triple Point Technology, Inc v PTT Public Company Ltd [2021] UKSC 29.
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