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Protected: Actual damages provision in construction contracts
Posted on July 30, 2008 by webauthor
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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: Surety Industry | 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 »
Maine Changes Threshold for Surety Bond Requirements on Public Works Projects
Posted on March 24, 2008 by webauthor
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
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Protected: Event Audio Download (mp3) – 3/18 Surety Association of MA
Posted on March 20, 2008 by webauthor
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Protected: Commonwealth of MA Bond forms Update
Posted on March 13, 2008 by webauthor
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