Third, many jurisdictions are including provisions that will subject contractors to additional liquidated damages should projects funded under government stimulus set to expire March 31, 2011 are not completed by that date. Such provisions appear to be particularly common in mu- nicipal infrastructure stimulus projects. The transfer of ad- ditional project risk to contractors in these projects has increased significantly.


Government infrastructure stimulus projects can make the difference for construction contractors during these economically uncertain times. However, it is very impor- tant for industry members to be aware of the potential risks involved with successfully bidding such work. Firms must be confident that any projects they secure can be completed on time or before the government’s March 31, 2011 stimulus spending deadline and understand potential liabilities they may assume should the deadline not be met. To be “caught short” on such projects will surely translate into more trouble for contractors than what the work was worth in the first place. For more information about The Council of Ontario Con- struction Associations (COCA) visit http://www.coca.on.ca.


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