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MP4VT2004

Joined: 9/9/07 Posts: 6785
Likes: 2924


Yikes...I spoke with the same subcontractor again today...


He says there is no way the project will be complete by the deadline of February 1, and he said that the G.C.'s contract includes LDs of $100,000/day past the deadline. I'm sure the deadline is for "substantial completion", which in my experience is usually tied to the issuance of the certificate of occupancy, or at the least, an approved final building inspection. The person I spoke with today said he is not even scheduled to return to the site until 2/21, which would indicate a significant late penalty may be levied, as his scope would affect substantial completion.

Sounds like this could get ugly.

(In response to this post by MP4VT2004)

Posted: 01/26/2018 at 4:23PM



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Current Thread:
  I will still be on the hill ** -- VictoryTurkey 01/15/2018 6:50PM
  I've been following the weekly construction.... -- Old Line Hokie 01/12/2018 10:34PM
  As of Christmas, they were 2 weeks behind schedule ** -- HokieFan14 01/12/2018 5:12PM
  Yeah the link I shared was twitter 2 days ago ** -- 3TechFanz 01/06/2018 11:57AM
  Contractors don't have much say in it. ** -- 48zip 01/12/2018 4:18PM
  Agree** -- HokieGuy 01/13/2018 1:18PM
  So it's turf again? -- bigbadbird 01/07/2018 10:27AM

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