Construction Contract Law

Ans: Every contract is a set of reciprocal promises. Most often at one end of these is the obligation on one of the parties to do or get done a certain thing on a specified date or in a specified time period. Failure to adhere to the prescribed time may or may not be fatal to the entire contract depending on whether time is of essence in the contract. Construction contracts being extremely dynamic in nature and dependent on several unforeseeable and unpredictable circumstances, delay in completing the works is not unusual. However, disputes arising from such delays are also not scarce. The issue of delay in construction contracts has time and again come before our courts of law, giving rise to varied legal positions.

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