Contracts For Improvement To Real Property (Excerpt) Act 57 Of 1998


Published: 2015

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CONTRACTS FOR IMPROVEMENT TO REAL PROPERTY (EXCERPT)
Act 57 of 1998

125.1593 Contract completion; performance; consent of governmental entity; arbitration; judgment rendered.

Sec. 3.

(1) If the contractor does not agree with the governmental entity's determination, with the governmental entity's consent the contractor may complete performance on the contract.

(2) At the option of the governmental entity, the contractor and the governmental entity shall arbitrate the contractor's entitlement to recover the actual increase in contract time and costs incurred because of the physical condition of the improvement site. The arbitration shall be conducted in accordance with the rules of the American arbitration association and judgment rendered may be entered in any court having jurisdiction.


History: 1998, Act 57, Eff. Oct. 6, 1998

© 2015 Legislative Council, State of Michigan