Bibbins & Rice Electronics, Inc. v. Service Machine & Shipbuilding Corp.

PONDER, Judge.

Plaintiff appealed from the judgment dismissing its claim for increased payment on a contract.

The issue is the validity of the holding that defendant was not liable beyond the contracted price.

We affirm.

Plaintiff bid on some electronic equipment for a ship defendant was building on contract. Defendant used this bid in entering into the contract. Seven months later plaintiff advised defendant of an increase in prices. Defendant, after consulting with its client, agreed to this price increase but advised there would be no approval on further increases. Before the equipment was…