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Performance Bond Questions
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Performance Bond
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So, I have a client with a 1/3 limit. he needed a higher aggregate but couldn't qualify with his current surety company. Either at the advice of his accountant,
another surety agent contacting him or the client contacted another surety agent, they opened another bond line with another surety company ...Read More
Michigananother surety agent contacting him or the client contacted another surety agent, they opened another bond line with another surety company ...Read More
Hello - I have a flooring vendor asking for 100% payment prior to any work being done - is this standard for Idaho? This is for a small residential project.
IdahoState/Local contract was terminated for No Cause. How long does the "Owner" have to return our Performance and Payment bond?
NevadaHi there! If a general contractor is carrying a payment and performance bond on the total cost of the direct work, is it correct that at the subcontractor level,
the pricing from each trade should not include additional bond dollars? Thanks!
Floridathe pricing from each trade should not include additional bond dollars? Thanks!
If there is a performance bond for our job do I need to move forward with the lien process or does the bond offer us the same protection the lien would in
this case.
Coloradothis case.
I am a contractor that works for commercial use. Someone wants me to work on the Water and Power and I want to make sure I am following the procedure
correctly and paying everyone accordingly.
Californiacorrectly and paying everyone accordingly.
Not my situation but asking for someone else. They are a contractor company and had a claim filed against their bond for $12,000. The company has also
since gone under so there is no incoming cash flow. They haven't been able to pay back their bond company and is now getting sued for over $1...Read More
Washingtonsince gone under so there is no incoming cash flow. They haven't been able to pay back their bond company and is now getting sued for over $1...Read More