Lost Profit
Payment Bond Does Not Cover Claim for Lost Work Opportunity
March 8th, 2018
A subcontractor claiming that the general contractor failed to use and pay for a minimum number of workers made a claim against the GC’s payment bond, for the value of the workers not hired. A federal court has held that the Miller Act bond does no…
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Lost Profit Claim is Constrained by Low Bid Setting
May 11th, 2016
A contractor was the lowest bidder on a public project, and the second-low bidder was only $11,705 higher. A consultant later discovered that some of the bid quantities that it provided to the contractor (pre-bid) were mistaken. The contractor, who s…
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