Substantial completion is 12 days after the original date, but a 5-day time extension is approved. Liquidated damages are $2,400/day. What liquidated damages amount remains?
Correct Answer
D) $16,800
Compensable late days after the approved extension are 12 - 5 = 7 days. Liquidated damages are 7 x $2,400 = $16,800. Other choices use five, twelve, or seventeen days.
Why This Is the Correct Answer
Compensable late days after the approved extension are 12 - 5 = 7 days. Liquidated damages are 7 x $2,400 = $16,800. Other choices use five, twelve, or seventeen days.
Why the Other Options Are Wrong
Option A: $12,000
liquidated damages with extension, choice a: the number $12,000 comes from 5 x $2,400.
Option B: $28,800
liquidated damages with extension, choice c: $28,800 is produced by 12 x $2,400. The error is using that partial/alternate setup.
Option C: $40,800
liquidated damages with extension, choice d: $40,800 backs into 17 when divided by $2,400; the accepted setup gives 7 on that same base.
Memory Technique
Say the liquidated damages with extension rule aloud as a chain; the chain ends at $16,800, not an intermediate stop.
Reference Hint
Open NASCLA Contractors Guide to Business, Law and Project Management, 14th Ed.; use the index entry or section for "Liquidated damages after time extension" to confirm that Compensable late days after the approved extension are 12 - 5 = 7 days.
More NASCLA Questions
Bid instructions require bid security with each sealed bid. Which purpose should the estimator associate with that requirement?
A wood deck surface has 320 sf of coverage. Boards have a 5-1/2 in. actual face width, and the order includes an 8 percent cutting allowance. What linear footage is closest?
Using the dimensions shown for the stabilized construction entrance, what is the plan area?
A reroof area requires 14,720 sf of rigid insulation. Boards are 4 ft by 8 ft, and the order includes 5 percent waste. How many boards are needed?
Two addenda revise the drawings before bid day. What must a responsive bidder normally do with those addenda?
A utility trench is 180 ft long, 3 ft wide, and 7 ft deep with vertical sides inside a trench shield. What excavation volume is required?
A 120 ft long Type C trench is cut with a 4 ft bottom width and a 6 ft depth. If side slopes are 1-1/2 horizontal to 1 vertical, what excavation volume is closest?
A storm pipe run needs 240 ft of bedding, 4 ft wide and 6 in. thick. Including a 10 percent ordering allowance, how many cubic yards of bedding aggregate are needed?
A mass excavation produces 1,180 loose cubic yards of material for off-site disposal. End-dump trucks can haul 18 loose cubic yards per trip. What truck count is required?
An asphalt-shingle roof has a slope of 3:12. Under the IBC low-slope asphalt-shingle provisions, what underlayment arrangement is required?
People Also Study
Business & Financial Management
120 questions · 70% to pass
Contract Administration
60 questions · 70% to pass
Project Management
60 questions · 70% to pass