The contractor's problems of calculating lost profits in case termination of the construction contract

The author examines the features of assessing the amount of lost profits in case of refusal of one of the parties from the construction contract. Identifies critical points in the contractor’s activities that affect the justification and amount of lost income, regulatory restrictions. Analyzes the current practice of considering the estimated profit as lost profit. Concludes that this approach is incorrect and that there are no detailed unified rules for calculating losses.