Question
FACT SCENARIO G (Questions 28-31): Geddy Construction (GC) has a written contract with Owner to renovate a nursery at a church in Norman, Oklahoma. The
FACT SCENARIO G (Questions 28-31):
Geddy Construction (GC) has a written contract with Owner to renovate a nursery at a church in Norman, Oklahoma. The prime contract is governed by the 2017 Edition of AIA Document A201, and provides for liquidated damages of $500 per day in the event GC fails to achieve substantial completion within 180 days. If GC fails to achieve final completion within 30 days thereafter, Owner may assess liquidated damages of $200 per day. GC timely achieves substantial completion. On the 35th day thereafter, Owner, who is upset that GC was given a large number of change orders during the project, declares a default, terminates GC's contract and makes a demand upon GC's performance bond surety to complete the project.
These facts modify Fact Scenario G.Instead of using the AIA A201 General Conditions, Owner and GC sign a contractwith no general conditions at all. With this in mind, what damages can GC potentially recover from Owner as a result of the termination for default?
Group of answer choices
Loss of bonding capacity
Disparagement (libel/slander)
Cost of the work installed as of the date of termination
Loss of business damages
None of the above
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