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Louisiana Payment Bond Changes: What Material Suppliers Need to Know

Levelset

Glen Womack Effective Date: July 19, 2024 New Defenses Available for Sureties Expanded Defense Options The first half of the changes implemented by these Acts deal directly with the surety who issued the payment bond on a Louisiana construction project. 761 Sponsor: Sen. What’s Changing? But there’s a twist. Terminology Note: La.

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How to Get Paid on Washington State Public Projects

Levelset

Protecting your payment rights on public works projects is crucial, as contractors deal with payment issues on these projects just as much as on private ones. In the event of a payment dispute, contractors file claims against the payment bond instead of against the property itself. Washington State bond claim laws.

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Subcontractor Insurance: 7 Policies Subs Should Consider for Their Business

Levelset

“If something goes wrong, liability could hit the GC’s policy, which dilutes liability insurance limits, negatively impacts their claims history, and forces them to deal with a claim that’s not really their fault.”. It serves as an additional safety net for businesses in the event of a large claim.

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Should All Documents on Public Contracts Be Public Information?

Construction Dive

By Bruce Jervis When a private company -- designer, constructor or manager -- contracts with a government entity, should that company’s dealings with other private companies be a matter of public record? The contractor had subcontracted the architectural design to another company.

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Job Order Contracting in Canada

Building Information Management

numerous studies were conducted and the results were clear: JOC results in fair pricing, better quality construction with fewer claims and litigation and much faster delivery of small projects. After the implementation of JOC in the U.S.,

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How to Get Paid on Oregon Public Projects

Levelset

In the event of a payment dispute, contractors file claims against the payment bond instead of against the property itself. Oregon bond claim laws. The main type of payment protection on Oregon public projects is the bond claim. The scope of who is able to file a claim is fairly wide, too. Working nearby?

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Litigation Topics for Prime / Subcontractor Contracts

Construction Law Monitor

A good subcontractor will have his attorney review any agreement to make sure that the deal is an even one. Commonly litigated subcontract provisions. Commonly litigated subcontract provisions. Very important risk-shifiting devices – can determine a win or loss regarding a claim. Notice Provisions.