Southern Surety Co. v. United States

In this case the plaintiff seeks to repudiate the provisions of the contract and sues for recovery as upon a quantum meruit for the value of the work performed and asks judgment for $304,547.59, computed as follows:

Money expended by plaintiff in tbe completion of the project_$403, 005.98

Reasonable cost of work performed by ITuqua & Gonzales prior to assignment of the contract to plaintiff- 45,-493. 00

Overhead expense and contractor’s profit- 32, 000. 00

Reasonable value of use of machinery and equipment- 40,000.00

Total_ 520, 498. 98

Less amount paid to contractor and plaintiff_ 215,951.39

Balance…