#96: Payment Bond Sureties and "Pay-if-Paid" Subcontracts
NH Construction Law
DECEMBER 19, 2020
What about payment bonds on private construction projects? Pace Construction Corp. , 2d 680 (2005), construing West Virginia law, held that it was. citations omitted] By its terms the bond insured the faithful performance of the contract. Dole Co. , Outside of New Hampshire there is a split of authority on the question.
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