Stan Martin | Commonsense Construction Law LLC | March 8, 2018 A subcontractor claiming that the general contractor failed to use and pay for a minimum number of workers made a claim against the GC’s payment bond, for the value of the workers not hired. A federal court has held that the Miller Act bond… Continue reading Payment Bond Does Not Cover Claim for Lost Work Opportunity
Tag: Payment Bond
Florida Construction Liens: Payment Bonds
W. Mason – June 9, 2014 Owners of real property in Florida can exempt their property from all future liens at the outset of construction by requiring their general contractor to post a payment bond pursuant to Fla. Stat. § 713.23 or 713.245 before construction begins. In general a payment bond is contract among the… Continue reading Florida Construction Liens: Payment Bonds