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MP4VT2004

Joined: 09/09/2007 Posts: 16646
Likes: 13850


Did it end up going into litigation?


I spoke with a guy last winter who worked for one of the subcontractors on site and he said the word was that the GC's contract included huge liquidated damages for missing the completion deadline....I think he said it was something like $100,000/day overdue. That was all hearsay, so I have no idea if it's accurate. And certainly the GC should have been afforded some extension due to the harsh winter in Blacksburg last year.

(In response to this post by RJHokie)

Posted: 01/04/2019 at 5:55PM



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