An arbitration panel overseeing a dispute between the general contractor and owner of a Jacksonville, Fla. garage that collapsed during construction has announced initial findings in favor of the contractor. Choate Construction Co. of Atlanta announced Feb. 7 that the panel ruled in its favor on all issues. Choate had faced claims related to the collapse and for breach of contract. The contractor also stated that it had received favorable rulings on its claims for breach of contract and wrongful termination. Berkman Plaza II LLC, a subsidiary of Atlanta-based developer Harbor Cos., was the owner of the 413-space parking garage
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.