In certain fields of work, such as construction, there are a multitude of scenarios in which a project may experience delays in completion. When forming a contract for a new construction project, companies in Florida and elsewhere generally agree to terms on how to handle such delays, as failing to do so can lead to intense contract disputes. A construction company in another state has filed a lawsuit against the owners of a hotel, claiming it is owed nearly $2 million.
After entering into a contract to build the hotel, the company claims that construction was delayed for nearly six months due to issues obtaining the building permit. It also asserts that disputes between the architect and the owners of the hotel caused further delays. The company says that the owners were aware of the reasons behind these delays and agreed to provide it with the necessary compensation.
The company also asserts due to these delays, the owners signed an agreement to provide it with as many as 1,000 days of additional time to complete the project. However, once the project was finished, it claims that the owners failed to comply with the terms of the arrangement. The company has since filed a lawsuit against the owners, seeking to recover monetary damages.
Although delays may be common among similar projects, they can also be a source of contention between the parties involved. Those who become involved in contract disputes under similar circumstances could speak with an attorney for advice on how best to approach the situation. An attorney can evaluate the circumstances a client in Florida is facing and assist in pursuing the full amount of compensation to which he or she is entitled to receive.
Source: ranchomurieta.com, "Contractor sues hotel owners for $2 million", May 29, 2018