Civil Engineering Reference
In-Depth Information
Letter 173
To employer, if damages repaid without interest
Dear
We are in receipt of your letter of the [
insert date
] enclosing your
cheque for [
insert amount
] representing liquidated damages wrongfully
deducted/recovered [
delete as appropriate
]. You will recall that in our letter
dated [
insert date
] we gave you due notice that we should require damages for
your breach. We are prepared to accept interest charges as a realistic basis for
damages and the additional payment required on account of such interest is,
therefore, calculated on the basis of 5% above Bank of England Base Rate
current at the date payment became overdue [
insert amount together with the
calculation
].
We assume that this is a genuine oversight on your part and, while reserving
all our rights and remedies, we do not propose to take any action if we receive
the sum of [
insert amount of interest
]by[
insert date
].
Yours faithfully
Copy:
Architect
