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Article Date: 08/27/2012


Contractor's Failure to Honor Payment Assurance Was Not Fraud


Overview

 

A federal appeals court has ruled that a contractor did not commit fraud when it reneged on an assurance of timely payment of invoices without set-offs. While the assurance was intended to maintain a steady supply of concrete, the contractor was unaware at the time of subsequent problems with strength tests.

 



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