QUESTION

sueing a contractor for not finishing a job

Asked on Sep 28th, 2013 on Construction Law - New Jersey
More details to this question:
If a contractor does not finish a job do you sue for the cost of another contractor to finish the job? Or just agreed upon price?
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1 ANSWER

Basic contract damages are the loss of the benefit of the bargain.  For example, if contract is for 10,000, you pay 5,000 and contractor defaults and it costs 6,000 to finish, your damage is 1,000.  If a consumer contract, the damages are tripled.
Answered on Oct 01st, 2013 at 4:07 PM

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