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 $10,000,000 contract to pave 28 lane-miles of interstate highway for the state department of transportation. The contract term is 190 calendar days with liquidated damages of $20,000 per day for late completion and an early-completion bonus in the same amount with a maximum of 30 days.
During construction, the state issues a $600,000 change order that included 35 calendar days of additional contract time. Pave It Black Construction reaches substantial completion in 210 calendar days and final completion after 235 calendar days.
With respect to liquidated damages and early completion, what is the outcome?
Group of answer choices
Contractor is entitled to 15 days of early completion bonus.
The owner is entitled to 20 days of liquidated damages.
Owner is entitled to 10 days of liquidated damages.
Neither the owner or contractor is entitled to liquidated damages or an early-completion bonus.

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