With construction teams navigating the effects of the COVID-19 pandemic and the world’s material supply chains, securing project performance has perhaps never been at such a premium. If a contractor ...
Construction projects today are growing in complexity as labor shortages, supply chain issues, and rising costs persist. As a result of unpredictable risk exposures like these, surety bonds continue ...
The clause at FAR 52.228-12, Prospective Subcontractor Requests for Bonds, implements Section 806 (a) (3) of Public Law 102-190, as amended, which specifies that, upon the request of a prospective ...
Scott Mollen discusses "JDS Dev. LLC v. Parkside Constr. Bldrs. Corp.," and Levy v. NYS Div. of Hous. & Community Renewal." Construction—Performance Bond—Noncompliance With Condition Precedent Bars ...
ALEXANDRIA, Va., Nov. 6-- The American Subcontractors Association issued the following news release: If the Supreme Court of Minnesota does not reverse an appeals court's decision holding construction ...