Damages for breach of contract in context with schedule can be claimed. Completing large projects of construction on time is dependent on the correct interfacing and sequencing of the work of several trades and contractors. With the passage of adage, time has a direct implication with money, and when there is straying of project from the crucial path, delays along with attempts on regaining slippage of schedule end up altering time and foiling estimates of cost, further causing the organizations for incurring losses. In the same way, when there is wrongful extension of performance from the date of contract, losses may be sustained by the owner as a result of delay, followed by the introduction of suit for the recovery of the damages. There can be filing of delay claims by the contractors for recovering the extra costs underlying the performance of job site more than the time estimated because of the fault from the side of architect, owner or any other contractor.
When two different parties come in a contract and it is breached by one party, then there is a right to two different types of remedies for the suffering party. These are legal remedies and equitable remedies. In equitable remedies, there are options such as reformation, rescission, and specific performance. In legal remedies, there are options such as compensatory damages, liquidation damages, punitive damages, and attorney costs and fees. Huang will have the right of claiming legal remedies as equitable remedies cannot be applied due to the breach of contract. Legal remedies often end up forming as monetary damages, which are awarded for providing assistance in creating wholeness of the innocent party. Compensatory damages are the ones for providing compensation to the affected party for the breech. These are inclusive of consequential damages and expectation damages. Expectation damages are the ones providing monetary funds to the breaching party that might have been received by him in the performance of the contract. Most of the times, these damages are on the basis of the contract itself or the fair value of market under the subjectivity of the contract.
In context with the case provided, Huang holds the right of claiming the expectation damages that are at the value of 150,000 dollars as this is the amount that he would have used in performing as per the terms and conditions of the tender.