Late Payment Fees
Question: My contract says that I will be charged $15 per day for each day my payment is late. Is that allowed? Can I refuse to pay that late fee? Answer: The law permits a contracting party to assess liquidated damages in the event actual damages would be impracticable or extremely difficult to assess. Meaning, […]
Contractor Claims to Need More Time
Question: We had a contractor who was supposed to start a project in late 2019. The project is still not finished and well past deadline. The contractors is claiming they need extra time and to increase the contract price because of Covid delays. Can they do this? Do I have to pay them more to […]
