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Fields’ contractor defaults

by administrator · Comments 0

“The general contractor on William Monroe High School’s athletic facilities project has defaulted, according to Greene County Schools Superintendent Dr. David C. Jeck.

But that doesn’t mean the project, which is nearly complete, won’t be finished.

Instead, Greene County Schools’ payments to general contractor Breakell Inc. of Roanoke will be made to the  Hanover Insurance Group, the company’s bonding agent and insurer.

“They were unable to pay their subs,” Jeck said, referring to the subcontractors on the project. “Now the project has been taken over by their insurance company.”

Jeck said Breakell had underbid the project, and was forced to make several major repairs along the way. Construction started on the $5.1 million overall project in March 2011 and was supposed to be completed Jan. 20. The project is already six months over schedule.”

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Filed Under: News Tagged With: Contractor Default, Underbid, Unfinished Project

Roanoke construction firm Breakell being sued for breach of contract

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“A prominent Roanoke construction company has been unable to complete two major projects and owes $1.2 million for defaulting on them, a lawsuit alleges.

Breakell Inc. is being sued in federal court for breaching its contract with Hanover Insurance Co., which issued construction bonds on the two public projects.

The lawsuit filed by Hanover involves a $2.5 million upgrade of a wastewater treatment plant in Pulaski County and a $3.9 million athletic field and facility renovation at a high school in Greene County.”

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Filed Under: News Tagged With: Contractor Default, insurance, Lawsuit

Filed Under: NewsTagged: ,Contractor Default, insurance, Lawsuit
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