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9 Jun 2024, 6:48 am
A public body terminated a contractor and made a claim against the contractor’s performance bond surety. [read post]
9 Jun 2024, 3:00 am
The joy is infectious, says Large, 49, a former flooring contractor who grew up in nearby Twentynine Palms. [read post]
7 Jun 2024, 8:06 am
The addition to the statute states: “Where no public fund has been established for the financing of a public improvement . . . the public owner shall require the private entity for whom the public improvement is being made to post, or cause to be posted, a bond or other form of undertaking guaranteeing prompt payment of moneys due to the contractor, his or her subcontractors and to all persons furnishing labor or materials to the contractor or his or her… [read post]
4 Jun 2024, 7:09 am
Lastly, contractors will need to be on guard regarding alternate payment protections such as the existence of payment bonds or the ability to file liens. [read post]
31 May 2024, 6:31 am
Use this guide as a reference when filing lien and bond claim notices for the month of June. [read post]
30 May 2024, 8:59 am
Related Musings:Construction Contract Basics: No Damages for DelayConstruction Contract Basics: IndemnityConstruction Contract Basics: Attorney Fee ProvisionsConstruction Contract Basics: Venue and Choice of LawIs Settling a Bond Claim in the Face of a Seemingly… [read post]
22 May 2024, 1:33 pm
Attorney's fees -- Prevailing party -- Significant issues -- Net judgment rule -- Proposal for settlement -- Joint proposal -- Apportionment -- Subcontractor's action against contractor and its surety and project owner and its surety seeking damages for breach of contract, seeking to enforce liens against payment and transfer bonds, and alleging alternative quantum meruit claims against contractor and project owner -- Successor judge erred in concluding that… [read post]
20 May 2024, 10:00 pm
Surety Performance and Payment Bonds Review this practice note to learn about surety bonds. [read post]
20 May 2024, 7:45 am
Contractors often signed up to own quite a bit of schedule risk. [read post]
18 May 2024, 1:38 pm
And this does not discharge the lien; it just removes the lien from the property to the security of the bond. [read post]
14 May 2024, 12:27 pm
Our attorneys provide a full range of legal services to manufacturers, contractors and owners ranging from small, family-owned businesses to ENR Top 400 Contractors, state and local government agencies, and Fortune 500 Corporations. [read post]
8 May 2024, 3:00 am
By his working nights, he said, “we still grow that bond with our family. [read post]
3 May 2024, 3:00 am
“It’s up to us to reestablish those connections,” he said, “and renew those bonds. [read post]
1 May 2024, 10:39 am
Use this guide as a reference when filing lien and bond claim notices for the month of May. [read post]
26 Apr 2024, 3:00 am
National/Federal G.O.P. [read post]
15 Apr 2024, 12:20 pm
Related Musings:Is Settling a Bond Claim in the Face of a Seemingly…Contractor Side Deals Can Waive RightsAarow Equipment v. [read post]
14 Apr 2024, 8:17 am
Contractor did not sure the lien transfer bond surety 7/1/22 – Owner transferred Contractor’s amended claim of lien to a lien transfer bond 7/1/22 – Owner recorded a notice of contest of Contractor’s amended claim of lien Contractor did not amend its lien foreclosure lawsuit to sue the lien transfer bond within 60 days 12/19/22 – Owner moved for partial summary judgment on Contractor’s lien… [read post]
12 Apr 2024, 11:24 am
The payment bond is an independent contract between the surety and general contractor and the claimants under the bond are third-party beneficiaries of the bond’s covenants. [read post]
9 Apr 2024, 3:13 pm
In other words, Texas law prevents an owner or a general contractor from requiring a contractor or subcontractor to provide insurance for the owner’s or general contractor’s own negligence. [read post]
9 Apr 2024, 8:06 am
Payment Bonds: Insist on payment bonds for projects, which can serve as a safety net ensuring payment even if a party declares bankruptcy. [read post]
