make WWAY your homepage  Become a fan on facebook  Follow us on twitter  Receive RSS Newsfeeds  MEMBERS: Register | Login

I am un certain

what the project cost.

But, the contractor is never paid the entire contract amount up front. Normally there is a construction schedule which denotes amounts to be paid as construction continues.

This job may not have been the issue which drove them into bankruptcy court. If you look at their website, they do many types of projects. Very possible they were stiffed on a private sector project which brought them up short.

Likely will not know until it wends its way out of the judicial system.

Reply

The content of this field is kept private and will not be shown publicly.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.

More information about formatting options

To prevent automated spam submissions leave this field empty.
CAPTCHA
Please re-enter the code shown in the image below.