The Weitz Company, a general contractor, received an invitation to bid on a planned nursing facility. H

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The Weitz Company, a general contractor, received an invitation to bid on a planned nursing facility. H & S Plumbing and Heating submitted a bid to Weitz for the plumbing work, as well as the heating, ventilation, and air conditioning parts of the job. Weitz’s bid to the project owner incorporated the amount of H & S’s bid. Because the bid was speculative, there was no contract formed between Weitz and H & S at that point. After the owner awarded the project to Weitz, H & S refused to honor its bid. Weitz completed the project with different subcontractors at greater expense. Does Weitz have any recourse against H & S to recover the lower profit margin that resulted from H & S’s refusal to honor its bid?

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Business Law The Ethical Global and E-Commerce Environment

ISBN: 978-1259917110

17th edition

Authors: Arlen Langvardt, A. James Barnes, Jamie Darin Prenkert, Martin A. McCrory

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