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School Districts May Be Held Responsible For Prejudgment Interest On Contractor's Unliquidated Claims by Atkinson, Andelson, Loya, Ruud & Romo, A Professional Corporation View Firm Credentials
Cerritos Office
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September 1, 2004
Previously published on September 26, 2001
An "unliquidated" claim is one which is uncertain in amount, such as a claim for damages for "pain and suffering." Contractors frequently present school districts with unliquidated claims, seeking such things as "delay damages," "extended home office overhead," and "loss of bonding capacity." These are "unliquidated" claims because they are uncertain in amount until the parties reach a negotiated figure or a judge, jury, or arbitrator rules on the award amount.
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The views expressed in this article are solely the views of the author and not Martindale-Hubbell. This article is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. |
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