A subcontract on a public construction project provided that the subcontractor's compensation should be equitably adjusted if work was ongoing after a specified date, but the subcontract did not specify how to calculate the equitable adjustment. The trial court awarded the subcontractor an equitable adjustment based on the subcontractor's actual costs of performance for work performed after the specified date, and also awarded the subcontractor attorneys' fees under the state payment bond act.
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Published In:
Government Contracting Updates, Commercial Law & Contracts Updates, Construction Law Updates
Reference Info:
Appellate Brief |
State, 4th Circuit, North Carolina |
United States
DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
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