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Ce Laws Contracts And Ethics2D

Obligations and Contracts - Theory & Concepts

Foundational principles of the Civil Code of the Philippines regarding obligations, torts, damages, delays, and defective contracts.

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Liquidated Damages Calculator

Calculate liquidated damages for project delay (typically 1/10 of 1% of the cost of the unperformed portion per day of delay).

Calculation Result

For a delay of 15 days, the liquidated damages amount to PHP 15,000.
LD=1000000×0.001×15=PHP 15000\text{LD} = 1000000 \times 0.001 \times 15 = \text{PHP } 15000

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