Downward Price Adjustment on Cost-Plus Contract

Court of Appeals of Iowa

Olmstead Construction, Inc. v. Otter Creek Investments, LLC

Case no.:    18-1186

Date filed:  September 25, 2019

Overview

An Iowa appeals court has made downward adjustments to a cost-plus contractor’s compensation. The contractor billed for subcontracted work that had been expressly removed from the contractor’s scope of work. And, the contractor ... Log in to view the full text.