A312 Payment Bond

Posted on March 25, 2008 by webauthor

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. 

Filed under: Construction Law, Surety Industry, Surety Legal Issues | Tagged: | Leave a Comment »

Local Surety Legislation Update

Posted on March 25, 2008 by webauthor

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.

Filed under: Construction Law, Surety Legal Issues, Surety Legislation | Leave a Comment »

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