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cost of completion

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cost of completion n. the amount of money (damages) required to complete performance (finish the job) when a contract has been breached by the failure to perform. Example: when a general contractor breaches by not completing a house, the cost of completion is the actual cost of bringing in a new builder to finish what is left to do. The actual costs become the measure of damages rather than an estimate of cost based on percentage of work to be done.

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? References in periodicals archive
The cost of completion, however, may rise with the delay. SCHOOL REPAIRS FINISHED ON TIME; 2ND YEAR OF BB WORK GETS AHEAD by Daily News (Los Angeles, CA) iii) the cost of completion of the Company's planned exploration program. Senior Executives are on European Trip for Presentation of the ... by Business Wire iii) the cost of completion of the Company's planned exploration program; Distal Gold Anomaly at White Sox Target Appears to Define Covered ... by Business Wire More results

References in periodicals archive

The cost of completion, however, may rise with the delay.

SCHOOL REPAIRS FINISHED ON TIME; 2ND YEAR OF BB WORK GETS AHEAD by Daily News (Los Angeles, CA)

iii) the cost of completion of the Company's planned exploration program.

Senior Executives are on European Trip for Presentation of the ... by Business Wire

iii) the cost of completion of the Company's planned exploration program;

Distal Gold Anomaly at White Sox Target Appears to Define Covered ... by Business Wire

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Corwin, Edward Samuel
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cosign
Cosigner
Cosmopolite
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cost of completion

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