X
11Oct

Language in Performance Bond Critical in Determining Surety’s Rights to Complete

If an owner terminates a contractor due to a contractor default on a bonded project, can the surety hire the same contractor to complete the work under the bond? Depending on the language of the bond, it may be permissible in Florida....
By: Saul Ewing Arnstein & Lehr LLP
Source Url: https://www.jdsupra.com/legalnews/language-in-performance-bond-critical-61797/

Related

Healthcare Private Equity and COVID-19: Considerations as Provider Platforms Reopen

Businesses are starting to reopen as stay-at-home orders and business closures resulting from the no...

Read More >

CARES Act Questions for the Real Estate and Construction Industry - Update #4

Congress recently passed the economic stimulus package referred to as the Coronavirus Aid, Relief, a...

Read More >

OSHA Issues Updated COVID-19 Guidance for Construction Industry Employers

On May 27, 2020, the Occupational Safety and Health Administration (OSHA) updated its guidance for e...

Read More >

Doing Business – Consumer Sector

Entering a new market can be a game changer for businesses in the consumer industry, but it can come...

Read More >

CCPA Compliance: Thorny Practical Questions (Almost 1 Month to Go)

This is one of several client alerts in a series counting down to the date when CCPA applies (Almost...

Read More >

A government contractors’ checklist for building a FAR combating-trafficking compliance plan

A solicitation you want to respond to contains FAR 52.222-56, “Certification Regarding Trafficking ...

Read More >