1. Explain what is a liquidated damages clause, when it is invalid and assess the benefits and disadvantages to the employer and contractor having this clause in a construction contract.

Please include:
1. The definition of liquidated damages and invalid liquidated damages.
2. The difference between liquidated damages and general damages.
3. Find out the purpose and advantageous of liquidated damages in construction contracts.
4. Find out the operation of liquidated damages clauses.
5. Include information on delay issue in construction projects and it is best preferred if you include a cases on delay occurred in UK.
6. Write the advantages of this clause for both employer and contractor.
7. Write the disadvantages of this clause for both employer and contractor.