Coors Suing Construction Contractor over $110 Million Overrun @ Shenandoah Valley VA Facility

imageAnd I thought it was bad when my contractor ran over by $200…news from the Denverpost:

Golden-based Coors contracted with Jacobs Engineering Group and Jacobs Construction Services to plan, engineer and build the 7-million-barrel-per-year brewery in Virginia's Shenandoah Valley.

In 2008, not long after the cutting-edge facility began churning out suds, Coors filed suit, claiming that the engineering group underestimated the cost of the project by $110 million.

"The total installed cost of the project exceeded $333 million, which was $110 million more than what JEG represented to Coors, with 100 percent confidence, would be the maximum total installed cost," the suit said.
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