Bellingham, WA general contractor tells subcontractors, ”Thanks for your patience.”
Bellingham, WA — Ebenal General, a leading general contractor in the Whatcom County area, announced today that its client, Western Washington University, has agreed to pay the company approximately two million dollars in funds toward the $15 million construction of Buchanan Towers East, a 28-room residence hall on the edge of the campus. The settlement goes to the insurance provider, Safeco Insurance Co., which provided the bond to guarantee payment of the subcontractors, suppliers and completion of the project.
The project, which was originally scheduled for completion in August of 2010, has been subject to over 150 change orders requested by the university, which have contributed to the delays.
As a general contractor, Ebenal has worked with many subcontractors in the area on this project, which owner David Ebenal calls “lavish.” He points out that “the finishes in these college dorm rooms rival the finest custom homes in Bellingham.” Ebenal continues, “At a total cost of almost $15 million, that’s about $535,000 a room. With Western Washington University trustees voting to raise tuition rates 16 percent for the 2012-13 school year, it’s unfathomable why they would elect to spend so much on this one building.”
Ebenal considers the settlement a victory, not just for Ebenal General, but for the many local subcontractors who experienced financial hardship as a result of the withholding of funds, which Ebenal claims took almost two years for the university to release.
“Because Western chose to withhold these funds, we worked very hard with our bonding company to get these subcontractors paid,” says Ebenal. “We’re very pleased with this development, and we want to thank our subcontractors for their patience.”