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HELMS CONST. & DEVELOPMENT CO. v. STATE, ETC.

No. 11365.

634 P.2d 1224 (1981)

HELMS CONSTRUCTION AND DEVELOPMENT CO., a Nevada corporation; and Jack B. Parson Construction Company, a Utah corporation, Appellants, v. STATE of Nevada, On relation of its DEPARTMENT OF HIGHWAYS, Respondent.

Supreme Court of Nevada.

October 26, 1981.

Attorney(s) appearing for the Case

Petersen & Petersen, Reno, Taylor & Ulin, Seattle, Wash., for appellants.

Richard H. Bryan, Atty. Gen. and William M. Raymond, Deputy Atty. Gen., Asst. Chief Counsel, Dept. of Highways, Carson City, for respondent.

OPINION

PER CURIAM:

In this appeal, we are asked to decide whether the trial court erred in denying appellants' price adjustments on their contracts with the Nevada State Highway Department.

In 1972, appellants bid for and received contracts with the State Highway Department. During the performance of one of the contracts and shortly before commencement of the second, the Arab bloc nations imposed an oil embargo, dramatically increasing the cost...

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