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#96:  Payment Bond Sureties and "Pay-if-Paid" Subcontracts

NH Construction Law

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? Westar Engineering , 290 F.3d Thus the liability of the company as surety is coextensive with that of the principal.”

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Choose With Care: Tennessee Federal Court’s Prompt Payment Conclusions Turn on Choice of Law Clause

Constructlaw

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 was silent as to whether retainage must be placed in an escrow account.

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Lawsuit over First LEED Platinum Building is Over

Green Building Law Update

Permapost had a subcontract to apply pressure-treated PolyClear 2000 preservative to the Parallams. Parallams are a fabricated wood product made by gluing strands of second-growth trees together to form a larger and stronger engineered wood product. And now you know the rest of the story.

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Seventh Circuit examines "pay-if-paid" provision

Construction Lawyer

He is a partner in the law firm of Sabo & Zahn, concentrating in construction law and representing owners, contractors, architects, developers, engineers and other parties in the construction process. Sabo & Zahn LLC is an Illinois Limited Liability Company. Zahn is a licensed architect and attorney in the State of Illinois.

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Construction Financial Reporting – Why It’s Important and How To Do It

cnstrctr

This will typically cover your from both a liability and due diligence standpoint. You should break this report down by division including soft costs from hard costs (your costs vs costs that are subcontracted out). Consider issuing your reports on a monthly basis if the contract doesn’t specifically outline it in detail.

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Federal Court dismisses sub's claim against GC because of arbitration

Construction Lawyer

He is a partner in the law firm of Sabo & Zahn, concentrating in construction law and representing owners, contractors, architects, developers, engineers and other parties in the construction process. Sabo & Zahn LLC is an Illinois Limited Liability Company. Zahn is a licensed architect and attorney in the State of Illinois.

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Construction Contract's arbitration provision is separable, based on

Construction Lawyer

He is a partner in the law firm of Sabo & Zahn, concentrating in construction law and representing owners, contractors, architects, developers, engineers and other parties in the construction process. Sabo & Zahn LLC is an Illinois Limited Liability Company. Unlimited liability for designers and contractors. Copyright Notice.