Question: What should the owner's considerations be before attaching a sum in the contract for liquidated damages? Could this be any number? What approach should the

What should the owner's considerations be before attaching a sum in the contract for liquidated damages? Could this be any number? What approach should the owner use to apply a dollar value for liquidated damages? Do you know of any formulas that are used by state agencies that you can apply to liquidated damages? State your formula(s) and state if they make meaningful sense and would make an owner's assigned liquidated damages be defensible in cour What should the owner's considerations be before attaching a sum in the contract for liquidated damages? Could this be any number? What approach should the owner use to apply a dollar value for liquidated damages? Do you know of any formulas that are used by state agencies that you can apply to liquidated damages? State your formula(s) and state if they make meaningful sense and would make an owner's assigned liquidated damages be defensible in cour

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