Yul Lim Construction Co., Ltd.

Material Facts

• The contract was awarded to Yul Lim Construction Co., Ltd. for the repair of two buildings at Daegu Air Base, Korea.
• Yul Lim submitted a certified claim for a 740-day extension and ₩1,725,043,090 plus interest based on seven major delay factors.
• The contracting officer issued a final decision granting a 661-day extension with 127 compensable days.
• The parties executed Modification No. P00002 for settlement of the contractor's claim, which included a release of claims.
• Yul Lim's president signed the modification without reviewing it, relying on an employee's verification of the amount.

Parties

Appellant

Yul Lim Construction Co., Ltd.

Respondent Agency

U.S. Army Corps of Engineers

Contracting Agency

U.S. Army Engineer District, Far East

Contract Number

W912UM-19-C-0002