Case SummarieS

Substantial Completion and Payment Under Construction Contract

Fields Excavating, Inc. v. Western Water Co. (Dec. 30 2004), 2004-Ohio-7143

 

Substantial completion does not entitle a contractor to final payment and its retainage if the terms of the contract provide otherwise.

 

Contractor was not entitled to interest accrued from the date of substantial completion where contract expressly stated that payment could be withheld until all claims against the project had been settled.