What should a contractor strive to achieve to avoid liquidated damages?

To avoid liquidated damages, a contractor should strive for the timely completion of contract obligations. Liquidated damages are penalties that a contractor may incur if they fail to complete a project by the agreed-upon deadline. When a contractor completes tasks within the specified time frame, they eliminate or minimize the risk of incurring these penalties, thus ensuring a smoother relationship with the contracting authority and maintaining financial stability.

Timeliness is critical because contracts typically stipulate deadlines for the completion of work. If the project extends beyond these deadlines without a valid justification, the contractor can face financial repercussions. Therefore, adhering to the schedule and fulfilling contractual obligations on time is fundamental in preventing liquidated damages and ensuring successful contract performance.