7 Apr 2000
JOHNNY HO & PARTNERS LTD. v. AUSCON INVESTMENT LTD.
- Citation
- JOHNNY HO & PARTNERS LTD. v. AUSCON INVESTMENT LTD.
- Court
- Court of First Instance
- Case number
- HCA4752/1998
The court found no evidence of any agreed revision to the contract sum and held the contract sum remained $3,892,444.60; accepted the Architect's certified valuations for work completed ($3,316,173.37) and certified variations ($209,863.80); allowed wage index adjustments totalling $31,355.90 and release of retention $194,622.23; deducted payments and Defendant's claims (loans, advances, costs for outstanding and remedial works) and held the Defendant's counterclaim exceeded amounts due, resulting in judgment for Defendant for $645,268.30 plus interest and costs.