Performance, and Labour and Materials Payment Bonds – Avoiding the Pitfalls of the Surety’s Defences to a Bond Claim
The comfort provided by a surety bond can be lost easily if one does not cross one’s T’s and dot one’s I’s. However, by being aware of the defences most often raised by sureties you can chart a course that reduces the likelihood that the surety bond ends up as nothing more than a souvenir of a construction project gone wrong. Full article
Contractor pays for mistake in bid price
A contractor who made a mistake in price in a tender cannot walk away from its bid, even if the tender instructions call for submission of additional documentation, in which [...] Full article
Construction Bonds
(Introduction)
I have been asked to speak on the topic of construction bonds. In speaking to you today I shall attempt to avoid, where possible, boring you with endless legal jargon [...] Full article











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