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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/

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