J.F. Shea Company, Inc. v. The United States

EDWARD S. SMITH, Circuit Judge.

This is an appeal from an order of the United States Claims Court (No. 35-83C, Mar. 21, 1984), granting appellee J.F. Shea Company, Inc. (Shea), judgment against appellant the United States (Government) for a sum representing additional interest owed Shea computed according to the variable rates set by the Secretary of the Treasury (Treasury) under law. We affirm.

Issue

We face only one issue: whether the Claims Court erred as a matter of law in holding that the payment of interest clause in a Government contract requires that the Government calculate the interest…