Shopping Cart (0) items Sign In

Construction Claims Monthly - Devoted exclusively to the problems of construction contracting since 1963

‹ Prev article: 
 

Improper Termination Caused Lost Bonding Capacity Termination-default; Damages

Tuesday, August 03, 2004 02:32 pm

 
Improper Termination Caused Lost Bonding Capacity Termination-default; Damages

A federal court has ruled that a prime contractor's wrongful termination of a subcontractor for default, instead of terminating for convenience, exposed the contractor to liability for the consequences of the sub's lost bonding capacity.

The City of New York awarded a contract for construction of a storm overflow retention facility to the joint venture of E. E. Cruz & Co., Inc., Nab Construction Corp., and Frontier-Kemper Construction, Inc. The joint venture subcontracted the first phase of the project, construction of an excavation support system (ESS), to The Millgard Corp.

The design of the E [...]

 
› Next article: 
 
Sign up now for Construction Claims Monthly Online! Your own virtual help desk of must-have techniques, tutorials, and how-to articles.
 
Join Now Construction Claims Monthly! Close