Article Date: 03/14/2014


Lien Bonded Off – Surety Liable for Construction Contract Interest


When a bond is posted in lieu of a lien, the surety becomes liable for interest on late payments as stipulated in the construction contract, even though the surety was not a party to that contract.

 

The Construction Claims Advisor summary of this case is available to ConstructionPro Network members and includes:

  • The citation for the case (case name, case number, and date filed)
  • An overview of the case
  • Background information about the case
  • A summary of the ruling
  • A summary of the court’s conclusion and the resulting outcome
  • Editor's commentary
  • A link to the complete PDF copy of the original opinion

 



NOT YET A MEMBER?

Purchase a Membership
with a money-back guarantee
and immediate access

OR

Buy This Item Individually
Price: $20.00


Already a member?

Email:  

Password:  











WPL
PUBLISHING CO, INC.
WPL Publishing - 5750 Bou Avenue #1712 - Rockville, MD 20852

Phone: (301)765-9525  -  Fax: (301)983-4367

All Content and Design Copyright © 2017 WPL Publishing
About Us

Contact Us

Privacy Policy

My Account