I have a project that is a school, that has a bond, but I also have a bond from the GC, how do I file against both of them, or at least get them on my notices?...Read More
My business (based in Washington State) is being requested, by a local City Agency, to provide a Payment Bond and a Performance Bond for window cleaning services. I do not know what these Bonds are, what function they perform, how to get them, or the cost associated with them. Help is appreciated....Read More
We are a school district in Colorado and we had hired a local contractor to install HVAC upgrades to three of our schools. Are we required to have a performance bond from him? The total am ount of the job bid is $993,000. Would a retainage fee of 5% be a better option?...Read More
I am a Sr. Project Manager for a large Florida based construction firm. In the past (with a previous company) we had never received Notice of Commencements from our Public Owners. We have just always recorded P&P Bonds for the project. The P&P Bonds cover letter for an upcoming School Project directs us to include the NOC with the Bonds when recording, and all references that I could quickly google indicated not exception for public projects. Do I need to start making my Public Owners execute an NOC to record with our P&P Bonds?...Read More
I work for a subcontractor and was wondering if it is standard practice in construction to mark up the cost of a payment and performance bond. Using fictious rates as example, our rate would be 1.5% of contract but want to charge customer 2% of contract. Any help would be greatly appreciated....Read More
My customer refuses to give us an updated payment bond for a Federal job. Customer states though the Payment Bond is expired- it is still good. Is this true? Or should I push for the updated dated Payment Bond. Why would some refuse to give an updated bond?...Read More
In this situation: I am the subcontractor performing $30,000.00 worth of work Property is on a church property and along a shared driveway I am hired by a general contractor The customer is Dish Network Scope of Work is to install underground conduit from a vault in the ROW to a cell tower site located 1,000 ft away on church property I am assuming that you cannot lien anything on property since the work is performed in the easement? In this situation would the $12,000 contractor license bond be something I could go after due to failure of payment? could i file a lien on church property or cell tower for payment issues? could I purchase a payment bond for this project?...Read More
Can I file a mechanics lien on a public school project or is my only recourse with the school district and general contractor to file a claim on the bond?...Read More
We have a 5 year lease with customer. Contract is for over $5M. $1.4M is due upon completion of delivery and installation with the remaining due monthly for the remaining time frame. Would I issue bond for the full contract amount or for the portion associated to installation and delivery only?...Read More
I have a project at DFW International Airport that I need help determining the type of project to select.
The project is for the DFW Operation and Emergency Center located at 2400 Aviation Dr, Dallas, TX. My customer is the subcontractor, the GC was hired by the DFW International Airport Board for the project.
Also, I'm having issues with obtaining the copy of the bond for this project. How would I go about getting that for an airport project if the Sub & GC will not provide?...Read More
Per RCW 39.08.030 'such persons do not have any right of action on such bond for any sum whatever, unless within thirty days from and after the completion of the contract with an acceptance of the work by the affirmative action of the board, the subcontractor (my firm) must present to and file with such board..., a notice in writing'. We filed our Notice within 30 days of our last service. We provided rental equipment and labor to the project.
Our customer (a subcontractor on the project) is asserting that we filed too early and that the 30 days to file is from the completion of the contract (as stated above). The Levelset deadline was set based on our last day of service.
I'm concerned that the Levelset deadline may have been too early if calculated from our last day of service -- not 30 days from the completion of the contract. Can you clarify from which day I should start calculating -- my last day of service or the date of completion of the contract between my customer and the public entity? ...Read More
A lender is requiring a payment & performance bond on a commercial construction project. My question is, who gets the bond and who is it written to? I am thinking the GC for both?...Read More
I'm a subcontractor working on large park project. I finished my work a few months ago and our customer still has a balance on their account and pushing back to pay for the change order. I cannot find any bonds on this job, so I'm reaching out to see what my options are. ...Read More