Definitions: P - Management & legal
penalty clause
A penalty clause is a common provision in a construction contract that specifies the charge against the contractor for failure to complete work as specified, or by the completion date.
References - penalty clause
See the following for additional penalty clause information:
- 2009 International Building Code: Softcover Version ICC (distributed by Cengage Learning); 1 edition, March 2009, International Code Council, ISBN 1580017258
- What Your Contractor Can't Tell You: The Essential Guide to Building and Renovating Shube Publishing, January 2008, Amy Johnston, ISBN 979983800
- Renovation: Completely Revised and Updated R.S. Means Company; 2 edition, August 2002, Donald Reynolds and RS Means , ISBN 876296584
- Renovating Old Houses: Bringing New Life to Vintage Homes Taunton Press; 3 Rev Upd edition, December 2005, Michael Litchfield, ISBN 1561585882
- Get Your House Right: Architectural Elements to Use & Avoid Taunton Press, December 2003, George Nash, ISBN 1561585351
Service Professionals that can help with penalty clause issues
Common projects involving penalty clause
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