Agreement Contractors Liability Subcontracting 
NH Construction Law
DECEMBER 19, 2020
If the principal is a general contractor with a “pay-if-paid” clause in its subcontracts, must a subcontractor wait for the general contractor to be paid before it can collect on a payment bond? Thus the liability of the company as surety is coextensive with that of the principal.” United States ex rel.
NH Construction Law
AUGUST 21, 2022
This can put the obligee, whether an owner holding its general contractor’s performance bond or a general contractor holding its subcontractor’s performance bond, in a difficult spot. In Arch Insurance Co. Graphic Builders LLC , 36 F.4th 4th 12 (1st Cir. ” Id. ” Id. million,” id.
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Constructlaw
APRIL 20, 2023
Army Corps of Engineers hired Relyant Global LLC to act as the prime contractor. Relyant subcontracted with Federal Engineers and Constructors, Inc. (FE&C). Relyant later terminated its subcontract with FE&C. The subcontract provided that Relyant “may retain … a maximum of ten percent (10%) of the amount of each invoice.”
Autodesk Construction Cloud
NOVEMBER 15, 2021
Karalynn also brought up the tendency of the industry to pass liability down the chain when drawing up contracts. Owners pass on certain risks (contractually) to general contractors, who may do the same thing when hiring specialty contractors. .” —Karalynn Cromeens, The Cromeens Law Firm. Let’s meet in the middle.
NH Construction Law
MAY 20, 2023
A couple of years ago I blogged ( #101 ) on “pay-if-paid” clauses, which make a general contractor’s receipt of payment from the owner a prerequisite – a “condition precedent,” in legal terms – to its obligation to pay subcontractors. JBC Merger Sub LLC v. Tricon Enterprises, Inc. , 145, 286 A.3d
NH Construction Law
NOVEMBER 30, 2020
B & D Mechanical Contractors, Inc. The Federal Arbitration Act instructs federal courts to enforce arbitration agreements according to their terms. 106-277 at *5 (1999), tells us: “This bill does not void subcontract provisions requiring arbitration or other alternative methods of resolving disputes. ” U.S.
Levelset
SEPTEMBER 12, 2022
” You may already have an insurance policy that offers coverage for business property and general liability. Every contractor or sub purchases construction materials that eventually become part of the completed standing structure. Learn more – Builder’s Risk vs. General Liability for Contractors: What’s the Difference?
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