Article Date: 09/26/11

UNIT PRICE ARRANGEMENT CONVERTED TO FIXED-PRICE CONTRACT

Supreme Court of Alaska

3-D & Co. v. Tew's Excavating, Inc.

No. S-13425
August 26, 2011

Overview

The Alaska Supreme Court has ruled that inconsistent payment terms in a contract reflected conversion of a unit-price arrangement into a fixed-price agreement.

Background

3-D & Co. owned 40 acres of land in Matanuska-Susitna Borough and planned to develop the property into a residential subdivision. The ... Log in to view the full text.

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