Texas SB776 addresses compensatory damages for delays in governmental construction contracts caused by the governmental entity or a party for which.

Texas SB776 amends the Government Code to allow for the award of compensatory damages to contractors for delays in construction projects caused by the governmental entity or a party for which the entity is responsible. The bill specifies that such damages exclude special damages, consequential damages, home office overhead, profit on indirect costs, and additional work costs agreed upon by both parties. The bill also allows for contract provisions that set requirements for seeking recovery of these damages, such as notice or justification.

Texas SB776 addresses compensatory damages for delays in governmental construction contracts caused by the governmental entity or a party for which.

Texas SB776 amends the Government Code to allow for the award of compensatory damages to contractors for delays in construction projects caused by the governmental entity or a party for which the entity is responsible. The bill specifies that such damages exclude special damages, consequential damages, home office overhead, profit on indirect costs, and additional work costs agreed upon by both parties. The bill also allows for contract provisions that set requirements for seeking recovery of these damages, such as notice or justification.