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Arena Contractors Says Insurance Program Cost Savings Never Materialized

December 13, 2016

Via: ENR

The joint venture prime contractor that built the new $230-million T-Mobile Arena outside Las Vegas is suing over a construction insurance wrap-up program gone wrong, arguing that its broker promised cost savings and profits that never materialized.

Hunt Construction Group and Penta Building Group, which teamed up in a joint venture to build the 20,000-seat arena, have filed a lawsuit against Aon Risk Services South, charging their one-time broker with professional negligence and breach of contract, according to court documents filed in U.S. District Court in Las Vegas.

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