Finance:Doctrine of concurrent delay
From HandWiki
The doctrine of concurrent delay is a contract law theory used to eliminate delay damages, under the premise that where both parties to the contract caused delays to the overall project, neither party can recover damages for that period of time when both parties were at fault.
Further reading
- Trauner; Manginelli; Lowe; Nagata; Furniss (2009). Construction Delays, 2nd Ed.: Understanding Them Clearly, Analyzing Them Correctly. Burlington, MA: Elsevier. pp. 266. ISBN 978-1-85617-677-4.
Original source: https://en.wikipedia.org/wiki/Doctrine of concurrent delay.
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