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Home / Opinion Digests / Contract – Arbitration – Power Plant Construction – Liquidated Damages (access required)

Contract – Arbitration – Power Plant Construction – Liquidated Damages (access required)

Alstom Power Inc., a contractor for construction of two power plants, who contracted with BBF Inc. for air-cooled condensers for both plants, wins an appeal by BBF of a circuit court order upholding an arbitration award for Alstom that included liquidated damages. The purchase orders for the condensers contained a liquidated damages formula, subject to a ...