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  • SUBCONTRACTOR’S MILLER ACT PAYMENT BOND CLAIM

    Since I wrote my ebook on the application of federal Miller Act payment bonds, I have not discussed a case applying the Miller Act. Until now! Below is a case that reinforces two important points applicable to Miller Act payment bond claims. First, the case reinforces what a claimant needs to prove to establish a Miller Act payment bond claim. Very important.

    Florida Construction Legal Updates- 14 readers -
  • SURETIES DO NOT ISSUE BONDS RISK-FREE TO THE BOND-PRINCIPAL

    If your construction company is bonded, then you have signed a General Agreement of Indemnity with your surety / bonding company. Stated another way, if a surety issued an obligee on behalf of your construction company, as the bond-principal, a payment or performance bond, then you have signed a General Agreement of Indemnity with your surety.

    Florida Construction Legal Updates- 13 readers -
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