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Post by WalkOn on Jun 16, 2022 15:28:36 GMT -6
Disappointing News expected out of JSU today!
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stevo
Full Member
Posts: 735
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Post by stevo on Jun 16, 2022 18:15:08 GMT -6
Disappointing News expected out of JSU today! I'll bite. What's the news? |
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Post by Cleburneslim on Jun 16, 2022 19:32:59 GMT -6
Logically, cost of materials and labor has caused a increase in the cost of construction, therefore negating any previous bids. And interest rates will increase the likelihood of a no go.
But I await the news also perhaps it’s not a complete wash.
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Post by King_Gamecock on Jun 16, 2022 19:40:14 GMT -6
Disappointing News expected out of JSU today! Political discussion and commentary including the expressing of opinion in support of or against candidates or those in office is not permitted on the forums. Please see rule 12 of the forum rules. Thank you for your cooperation and understanding. |
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Post by onefansopinion on Jun 16, 2022 20:18:03 GMT -6
The stadium expansion is still a go.
The completion date has moved by a year.
Instead of being ready by the beginning of the 2023 season, it will be the beginning of the 2024 season.
Go Gamecocks!!!
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Post by Cleburneslim on Jun 16, 2022 21:03:33 GMT -6
Explains why nothing has been done or started over there.
I am curious what the new cost or new plans are.
I’m sure either cost has increased or the scale of the project has declined.
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Post by 315logan on Jun 16, 2022 21:47:34 GMT -6
I was told we would see construction started by end of summer.
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Post by 315logan on Jun 16, 2022 21:50:37 GMT -6
Disappointing News expected out of JSU today! Political discussion and commentary including the expressing of opinion in support of or against candidates or those in office is not permitted on the forums. Please see rule 12 of the forum rules. Thank you for your cooperation and understanding. OK, what did I miss? I don't see any discussion, commentary, or opinions of candidates. |
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Post by JSUSoutherner on Jun 17, 2022 6:16:37 GMT -6
Logically, cost of materials and labor has caused a increase in the cost of construction, therefore negating any previous bids. And interest rates will increase the likelihood of a no go. But I await the news also perhaps it’s not a complete wash. Supply chain has been a show since the beginning of 2020. We have a laundry list of parts we just can't get right now. It's not great. But we all knew this was going to happen years ago when this global fiasco all started. That said, as long as JSU signed the dotted line, contractors are just going to have to eat it. Unless JSU has the worst legal department on Earth. Which wouldn't really shock me. |
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Post by gemofthehills on Jun 17, 2022 6:28:19 GMT -6
Federal emergency declaration will more than likely offer an escape route from the contract. Recently the Southern District of New York ruled Covid was a natural disaster which could evolved force majeure. Even if the contact was signed during the Covid period.
Might not matter about the quality of your legal team. You may have a small chance of winning but most likely not worth the gamble with the court ruling.
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Post by JSUSoutherner on Jun 17, 2022 7:44:04 GMT -6
Federal emergency declaration will more than likely offer an escape route from the contract. Recently the Southern District of New York ruled Covid was a natural disaster which could evolved force majeure. Even if the contact was signed during the Covid period. Might not matter about the quality of your legal team. You may have a small chance of winning but most likely not worth the gamble with the court ruling. Oh wow. If that's the case I'm going to tell all of our customers to shove it. Thanks for the tip. |
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Post by Cleburneslim on Jun 17, 2022 11:29:09 GMT -6
Construction contracts routinely offer an out for changes in material costs after an agreed upon percent increase. You don’t need a lawyer not a federal declaration.
Only a fool would agree to a price a year or more in advance, without an out for exploding costs that will put you in the hole.
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Deleted
Deleted Member
Posts: 0
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Post by Deleted on Jun 17, 2022 12:13:24 GMT -6
So can we have a night game or two so I can attend? That would be great.
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Post by brother on Jun 17, 2022 12:33:11 GMT -6
Political discussion and commentary including the expressing of opinion in support of or against candidates or those in office is not permitted on the forums. Please see rule 12 of the forum rules. Thank you for your cooperation and understanding. OK, what did I miss? I don't see any discussion, commentary, or opinions of candidates. The quotes portion of SteveO’s post had the original post referencing Biden. |
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Post by pubdaze on Jun 17, 2022 14:39:31 GMT -6
OK, what did I miss? I don't see any discussion, commentary, or opinions of candidates. The quotes portion of SteveO’s post had the original post referencing Biden. Guess it was edited? |
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