Opinion ID: 4777078
Heading Depth: 2
Heading Rank: 3

Heading: Timing of Payments and Construction under

Text: the Tender Agreement From October 2014 through September 2016, ICSP paid over $12 million to MVL to complete the NPCC. On December 26, 2015, the United States sent MVL a “Letter of Substantial Completion” for the NPCC facility. The letter explained that “construction progress is sufficiently complete to allow the Government use and possession of the facility effective December 26, 2015.” A382 (emphasis in original). ICSP made the final three payments, of over $600,000 each, on July 25, August 18, and September 7, 2016. After the penultimate payment, on August 24, 2016, the United States sent MVL a letter that stated: “As a result of the final inspection conducted February 10, 2016, it has been determined that your construction progress is sufficiently complete to allow the Government use and occupancy of the facility effective February 11, 2016.” A389 (emphasis in original). The letter “release[d] the surety [ICSP] from all further liability and responsibility.” Id.