A312 Payment Bond

For NASBP members, http://nasbp.org has an insightful PowerPoint and Audio Presentation on recent court decisions regarding A312 Payment Bond.  NASBP members and affiliates may use the PowerPoint Template to educate contractors and others on this issue. 

Local Surety Legislation Update

MA SB 1855 – This Bill amends the law governing indemnification provisions in construction contracts by not allowing indemnitors or additional insureds to be liable for amounts greater than the proportional extent of their own negligence.

Protected: Commonwealth of MA Bond forms Update

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Maine Changes Threshold for Surety Bond Requirements on Public Works Projects

ME–Bond Threshold Increased (LD 2092–Public Law Ch. 500)–ENACTED LAW
Governor Baldacci signed LD 2092, An Act To Amend the Public Works Contractors’ Surety Bond Law of 1971, into law (Public Law, Chapter 500).  This measure increases the threshold for requiring a surety bond on a public works project from $100,000 to $125,000

Protected: Surety & Fidelity Legislation—February Update

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Protected: Event Audio Download (mp3) – 3/18 Surety Association of MA

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3/18/08 SAM Quarterly Meeting Full

If you have registered and still need to pay $75.00 Event fee, we accept checks & cash at the door.  We can also send you an email invoice that can be paid online with major credit cards.
If you still want to listen in remotely and view the Live Presentation,

Protected: Commonwealth of MA Bond forms Update

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Online Payments F.A.Q.

Do I need a Paypal account to pay by credit card?
No. 

RI Bill to waive guardian bonds

From SFAA: 
Rhode Island House Bill 7985 would allow the courts to waive the guardian bond for minors. SFAA will work with AIA to oppose this legislation.
 
Our perspective is that the surety bond is an inexpensive way to protect minors with guardians.