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What Contractors Need to Know About Surety Bonds

Construction Marketing

The indemnity agreement provides that the principal will hold the surety harmless if a claim is filed against the bond. Depending on the licensing and permitting requirements of the licensing body, you might need bonds for each state or city in which you perform work.

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2011 Construction Law Update Is Available

Best Practices Construction Law

Accordingly, the Court rejected defendants’ claims that the plaintiff contractor was not appropriately licensed and therefore was precluded by statute from pursuing its affirmative claim when defendants first raised the defense after plaintiff moved to confirm the arbitration award. LEXIS 59, 607 Ariz.Adv.Rep. 2d 119, 243 P.3d

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Maryland Enacts New Environmental Laws in 2020

Green Building Law Update

A water infrastructure “asset owner” must reimburse MDE for costs incurred, and a lien must be established for nonpayment under specified circumstances. The bill also establishes liability protections for MDE and the State. HB 619 Maryland law and regulations are today silent with regard to PFAS including PFOA.

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Maryland Enacts New Environmental Laws in 2020

Green Building Law Update

A water infrastructure “asset owner” must reimburse MDE for costs incurred, and a lien must be established for nonpayment under specified circumstances. The bill also establishes liability protections for MDE and the State. HB 619 Maryland law and regulations are today silent with regard to PFAS including PFOA.

Maryland 156
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Construction Site Theft: Impact and Prevention

Levelset

Materials, insurances, permits, payroll, and other typical costs are relatively simple to account for. Insurance claims. Filing insurance claims for a construction site theft can increase the contractor’s premium, meaning they’ll have to pay more for coverage moving forward. Schedule delays. Eventually.

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4 Factors Underwriters Consider When Issuing a Construction Bond

Levelset

By contrast, a 1,000-foot linear pipeline project in a busy area of a city might be more complicated than a 3,000-foot pipeline project in a rural area, because of unmarked utilities, permitting issues, reduced work hours, traffic considerations, and more. .

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Construction Legislation Now Pending in Washington

Construction Law Monitor

Athletic Field construction lien case. This act allows for the indemnification of a public agency in a claim filed by a design professional only to the extent of any negligence, recklessness, or willful misconduct of the design professional. House Bill 1806 (Concerning construction and industrial storm water general permits).