Gary L. Brown | Construction Executive Before Florida updated its laws for construction bonds, there were some significant differences between how liens and bond claims were litigated. Forms and procedures lacked uniformity that created unnecessary challenges for the construction industry and legal practitioners serving the industry. Now, more consistency among the laws should benefit contractors,… Continue reading Uniformity in Florida’s Construction Bond Laws Brings About Fairness for the Industry
Tag: Payment Bond CLaims
Enforceability Of Subcontract “Pay-When-Paid” Provisions – An Important Update
Patrick McNamara | Porter Law Group A California Court of Appeals opinion published earlier this month brings a change to payment bond claims brought by unpaid subcontractors and suppliers. The decision (Crosno Construction, Inc. v. Travelers Casualty and Surety Company of America) places limitations on a payment bond surety’s ability to rely on subcontract “pay-when-paid”… Continue reading Enforceability Of Subcontract “Pay-When-Paid” Provisions – An Important Update
New Mandatory Bond Notice Forms in Florida
Brian A. Wolf and Miles D. Jolley | Smith Currie & Hancock | November 18, 2019 Subcontractors and suppliers must now use new, statutory notice of nonpayment forms to preserve payment bond claims, and sign each notice of nonpayment under oath. The State of Florida instituted changes to the statutes governing public-project payment bonds (section… Continue reading New Mandatory Bond Notice Forms in Florida
Recent Cases Have Reduced Defenses to Payment Bond Claims
Jacob E. Roussel | Breazeale Sachse & Wilson LLP | March 11, 2018 It goes without saying that contracts are essential in the construction industry. They govern the relationships between all parties involved on a project, including the owner, the general contractor, subcontractors, and suppliers. In resolving disputes, courts often state the principal that a… Continue reading Recent Cases Have Reduced Defenses to Payment Bond Claims