#96: Payment Bond Sureties and "Pay-if-Paid" Subcontracts
NH Construction Law
DECEMBER 19, 2020
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. Pace Construction Corp. , 2d 404 (1990), construing Florida law, held that general contractor’s “pay-if-paid” defense was not available to a surety.
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