The Oklahoma Supreme Court has rejected a contractor’s performance bond claim due to the lack of adequate notice to the subcontractor’s surety (see Flintco LLC v. Total Installation Management ...
Scott Mollen discusses "JDS Dev. LLC v. Parkside Constr. Bldrs. Corp.," and Levy v. NYS Div. of Hous. & Community Renewal." Construction—Performance Bond—Noncompliance With Condition Precedent Bars ...
California public school and community college district voters approved $20 billion of construction loans in 2022, with more passing in 2023, using the Proposition 39 financing capability. The ...
The Rhode Island Department of Transportation (RIDOT) filed a third-party lawsuit against a contractor’s performance bond surety (“Surety”) alleging the Surety must indemnify RIDOT for the ...
Bid bonds ensure job completion by securing a commitment from bidders, essential in public projects. Performance bonds replace bid bonds post-selection to guarantee work quality and adherence to terms ...
BOND is an actively managed ETF that aims to track to a certain extent the Bloomberg U.S. Aggregate Index. BOND takes more credit risk than AGG via a higher corporate bucket allocation. The ...
The Minister of Marine and Blue Economy, Adegboyega Oyetola has signed the performance bond with heads of agencies under the supervision of the ministry as part of measures to ensure full ...
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