Question: Pave It Black Construction has a $ 1 0 , 0 0 0 , 0 0 0 contract to pave 2 8 lane - miles
Pave It Black Construction has a $ contract to pave lanemiles of interstate highway for the state department of transportation. The contract term is calendar days with liquidated damages of $ per day for late completion and an earlycompletion bonus in the same amount with a maximum of days.
During construction, the state issues a $ change order that included calendar days of additional contract time. Pave It Black Construction reaches substantial completion in calendar days and final completion after calendar days.
With respect to liquidated damages and early completion, what is the outcome?
Group of answer choices
Contractor is entitled to days of early completion bonus.
The owner is entitled to days of liquidated damages.
Owner is entitled to days of liquidated damages.
Neither the owner or contractor is entitled to liquidated damages or an earlycompletion bonus.
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