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Titan-Ikeda Construction and Development Corp. Vs. Primetown Property Group, Inc.

TITAN-IKEDA CONSTRUCTION & DEVELOPMENT CORPORATION, Petitioner, versus PRIMETOWN PROPERTY GROUP, INC., Respondent.

G.R. No. 158768 | 2008-02-12

D E C I S I O N


CORONA, J.:

This petition for review on certiorari[1] seeks to set aside the decision of the Court of Appeals (CA) in CA-G.R. CV No. 61353[2] and its resolution[3] denying reconsideration.

In 1992, respondent Primetown Property Group, Inc. awarded the contract for the structural works[4] of its 32-storey Makati Prime Tower (MPT) to petitioner Titan-Ikeda Construction and Development Corporation.[5] The parties formalized their agreement in a construction contract[6] dated February 4, 1993.[7]

Upon the completion of MPT's structural works, respondent awarded the P130,000,000 contract for the tower's architectural...