Not Just An Old Wives’ Tale: Negotiating “Paid In Full” Check Binds Contractor
Best Practices Construction Law
SEPTEMBER 29, 2020
Upon completion of the project, the owner sent contractor a check marked “Final Payment,” but the check did not compensate the contractor for its increased construction costs as a result of the delays or for the extra-contractual project expansion. The court disagreed. The “paid in full” principle is not just an old wives’ tale.
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