An Accounting

NOTE: As of September 23, 2009, this post has been edited in
accordance with a court-mediated settlement. The names of the
contractor and his excavation subcontractor have been replaced with
pseudonyms.

Mail today from our lawyer with a copy of a fax from Contractor A (whose former clients were coming out of the woodwork to tell us how much they hated him), outlining their costs on the excavation. Somehow, the daily cost for Contractor A's crew -- the ones he liked to berate for being idiots -- has risen from the $1232 he told us in April to $3500. And yet, the total cost of the excavation is only barely over $40,000. So how did he manage to lose $39,000, as he said he did in his last letter?

I continue to look forward to seeing actual evidence of these costs. (Note: he was never able to produce it, and eventually gave up claiming it. When he filed for bankruptcy in August 2008, there were no debts to subcontractors or suppliers in the list of debtors.)

posted by ayse on 06/18/05