Subcontractor Recovers Material Escalation Costs despite No-Damages-for-Delay Clause: Fid-Bau Portal

Subcontractor Recovers Material Escalation Costs despite No-Damages-for-Delay Clause

Loulakis, Michael C. / McLaughlin, Lauren P.

A state appeals court has ruled that price escalation caused by a delay is separate and distinct from delay damages, avoiding a strict application of a no-damages-for-delay clause in a subcontract.

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Subcontractor Recovers Material Escalation Costs despite No-Damages-for-Delay Clause

Loulakis, Michael C. / McLaughlin, Lauren P.

Abstract

A state appeals court has ruled that price escalation caused by a delay is separate and distinct from delay damages, avoiding a strict application of a no-damages-for-delay clause in a subcontract.

Subcontractor Recovers Material Escalation Costs despite No-Damages-for-Delay Clause

Loulakis, Michael C. / McLaughlin, Lauren P.

Abstract

A state appeals court has ruled that price escalation caused by a delay is separate and distinct from delay damages, avoiding a strict application of a no-damages-for-delay clause in a subcontract.