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6 Jun 2018, 4:57 am by Wally Zimolong
Bond minimums are also set at a local level for general contractors. [read post]
14 Aug 2012, 9:31 am by Danielle Rodabaugh
Payment bonds require contractors to pay their subcontractors and material suppliers. [read post]
28 Jul 2016, 11:42 am by Blue Blog
Today’s blog is written by guest author, Todd Bryant who is the president and founder of Bryant Surety Bonds, and he helps contractors get bonded and start their business. [read post]
28 Jul 2016, 11:42 am by Blue Blog
Today’s blog is written by guest author, Todd Bryant who is the president and founder of Bryant Surety Bonds, and he helps contractors get bonded and start their business. [read post]
28 Jul 2016, 11:42 am by Blue Blog
Today’s blog is written by guest author, Todd Bryant who is the president and founder of Bryant Surety Bonds, and he helps contractors get bonded and start their business. [read post]
28 Jul 2016, 11:42 am by Blue Blog
Surety bond claims occur whenever the bond principal, in this case a contractor, does not comply with the conditions set out in the surety bond agreement. [read post]
28 Jul 2016, 11:42 am by Blue Blog
Surety bond claims occur whenever the bond principal, in this case a contractor, does not comply with the conditions set out in the surety bond agreement. [read post]
28 Jul 2016, 11:42 am by Blue Blog
Surety bond claims occur whenever the bond principal, in this case a contractor, does not comply with the conditions set out in the surety bond agreement. [read post]
16 Nov 2015, 11:48 am by Amy Pierce
 Contractors should contact their bond agent or broker, or existing bond company for guidance on increasing their bond amount to comply with this new requirement. [read post]
17 Oct 2014, 3:00 am
Effective January 1, 2015, Senate Bill 193, signed into law on July 11, 2014, by Alaska Governor Sean Parnell increases the required construction contractor bonding amounts as follows:"...(1) general contractor shall be $25,000; (2) general contractor with a residential contractor endorsement under AS 08.18.025 who performs exclusively residential work shall be $20,000; (3) mechanical or specialty contractor or home inspector shall be… [read post]
12 Feb 2015, 4:24 pm by Michael
 There are a few other categories of claimants who can pursue that full License Bond sum, such as unpaid employees of the contractor. [read post]
9 Mar 2014, 9:03 am by Thomas G. Heintzman
The court pointed out that it was the contractor, not the unpaid subcontractor, which decided to file a lien bond. [read post]
17 Aug 2015, 7:41 am by Thomas G. Heintzman
When a contractor goes bankrupt and the bonding company pays the subcontractors, who is entitled to the holdback funds in the owner’s hands: the contractor’s trustee in bankruptcy or the bonding company? [read post]
25 Apr 2018, 9:00 pm by clc-admin
In a much anticipated decision, the Supreme Court of Canada has recently held that a contractor which is a trustee under a payment bond has an obligation to advise sub-contractors of the existence of the bond applicable to the project. [read post]