Bond Claims news:

A well-drafted contract is one of the first steps to ensuring a successful and profitable job on a construction project. But there is a slew of things to consider when...

Two important changes that contractors in Arkansas need to be aware of to protect their payments go into effect at the end of this month: One affects how a claim...

Most states have enacted their own version of the Federal Miller Act (so-called Little Miller Acts) to protect the payments of subcontractors on public projects. However, in order to properly perfect such...

Making a proper claim against a payment bond on a public works project typically requires strict adherence to the statutory requirements. Particularly when it comes to serving a notice of...

Florida State Bill 622 was introduced in mid-January of 2021 by Senator Keith Perry. If enacted, this bill would make numerous technical changes to the Florida mechanics lien and payment...

Wyoming House Bill 0052 went into effect on July 1, 2020, amending certain requirements for public works projects. The bill was signed into law by Governor Mark Gordon back in...

Protecting your payments on federal construction projects, means complying with the Federal Miller Act. Similar to state or local government projects, the general contractor is required to post a payment...

A construction performance bond is a great way to add extra financial security to a project. However, in order to have a proper claim against the surety bond, close attention...

Payment bonds can provide property owners with important protection against the possibility of mechanics liens being filed on their property. They replace a lien’s interest in the property with a...

In the construction industry, keeping a close eye on your lien and bond claim deadlines is critical to secure your right to payment. Missing these deadlines could be the difference...