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Consequences of the contract - extension of time or penalty?
During a construction contract, many things can occur that affect the execution of the contract and make it difficult to adhere to the timeline agreed upon by the parties. It is also not uncommon for the parties in these types of contracts to agree that the contractor will pay a penalty in the event of a delay. On January 31, 2025, the Svea Court of Appeal decided a case with case number T 14779–22 where these issues were addressed.