Article Date: 11/22/10

CONTRACTOR RECOVERS PAYMENT FROM BOND AND THEN SUES FOR LOST PROFIT

Court of Appeal of Florida, Fifth District

The Plumbing Service Company v. Progressive Plumbing, Inc.

No. 5D09-3717
October 22, 2010

Overview

A Florida court has ruled that a contractor could recover its performance costs from a payment bond and still sue the other party for lost profit on unperformed work.

Background

The Plumbing Service Company agreed to perform plumbing work for Progressive Plumbing Inc. ... Log in to view the full text.

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