https://www.live-feeds.com/feed/data-center-late-fees-hit-5-million-or-more-per-day-spawning-new-insuranceContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/data-center-late-fees-hit-5-million-or-more-per-day-spawning-new-insurancehttps://www.live-feeds.com/feed/data-center-late-fees-hit-5-million-or-more-per-day-spawning-new-insurance#u160661Thu, 29 Oct 2026 03:14:03 +0000Data center developers face late-delivery penalties of $5 million or more per day. These fees have increased from about $1 million per day earlier in the year. The surge in demand for data centers, particularly for AI applications, has led to delays in delivery and significant financial penalties for developers. Insurance broker Marsh has created a bespoke delay-in-delivery policy to mitigate these risks.Why it mattersThe rapid growth of AI and data center demand has led to supply chain bottlenecks and construction delays. Developers are under pressure to deliver facilities on time, with tenan