What are liquidated damages? * Amount of money that is assessed to the architect for a failure to meet the specified construction drawings. * Amount of money that is assessed

to the contractor for a failure to meet a specified completion date. * Amount of money that is assessed to the contractor for a failure to meet the specified safety practices. * Amount of money that is assessed to the architect for a failure to meet the specified construction materials. * Amount of money that is assessed to the architect for a failure to meet a specified completion date.