Problem
You were awarded a $5 million dollar contract and you are to be complete by Nov 31, 2022. Your liquidating damages are 5,000 a day for everyday you are not finished. You are allowed 10 days of weather delays, however you incurred 21 days. Your T&Cs also specify you are to request extensions and extended weather impact delays within 24hrs of the impact. Your contract manager failed to do so for 5 of the days. Your productivity was .66 and therefore you missed your deadline. You completed the project on Feb 15, 2023. Your discussion to explain how much did you lose from the liquidating damages, what type of contract this could be that restricted you to LDs and completions date, what was your final contract value after liquidating damages and Cost Overrun for labor and equipment at $35,000 a week past your completion date.