[DOWNLOAD] "Rosellini V. Banchero" by Supreme Court of Washington # eBook PDF Kindle ePub Free

eBook details

Title: Rosellini V. Banchero
Author : Supreme Court of Washington
Release Date : January 03, 1974
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 56 KB

Description

Plaintiff, a contractor, and defendant, a property owner, entered into an oral contract in June 1969, for the construction of a building for defendant. The work was to be done on a time and materials basis, but with a maximum cost of $56,146, plus sales tax, plus extras as ordered by defendant. A unique feature was that any reduction in cost below that estimated in plaintiff's bid, such as lower subcontract costs, would accrue to defendant's benefit. In short, all savings benefited defendant, while plaintiff ran the risk of costs exceeding the ceiling.