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Boulevard Contractors settlement — 32 North Potomac Street

Hagerstown

Summary

The renovation of the former M&T Bank building ran over a year late with quality problems, and the city is holding $243,000 in retainage. The proposed settlement gets subcontractors paid while the city forgoes liquidated damages rather than risk arbitration.

At a glance

Total mentions
1
Last 30 days
0

Last discussed Jul 22, 2026.

Impact analysis

💰Financial impact

The city gives up potential liquidated damages worth a share of $243,000 but avoids further legal fees and arbitration risk.

✅Who benefits

Subcontractors owed money on the project get paid in full.

⚠️Who could be affected

Taxpayers absorb the loss of damages the city might have recovered in arbitration.

Mentions & discussions (1)

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