Shopping Cart (0) items Sign In

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

‹ Prev article: 
 

Loss Ratio Applied To Termination Settlement Termination-convenience

Saturday, July 09, 2005 03:19 pm

 

The Armed Services Board of Contract Appeals has ruled that when a contractor was in a loss position at the time of a termination for convenience, the loss ratio was determined by dividing the contract price by actual performance costs plus the estimated cost of completion. The contractor was only entitled to recover that percentage of its performance costs.

The Army Corps of Engineers awarded a contract to Alfair Develop [...]

 
› 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
 
×

Dear Valued Customers,

We regret to announce that ProEdTech LLC and all its affiliate brands will cease operations on April 1, 2019.

We are no longer able to fulfill online orders. We will fullfill all DVD and book orders already placed.

Customers of canceled webinars and subscription products may request a refund at (800) 223-8720 or service@proedtech.com. You must do so by April 1, 2019.

Thank you for your business and loyalty over the years. We sincerely apologize for any inconvenience caused.


Best regards,
The ProEdTech Team