Surety Asserts Rights to Contractor’s Payments Prior to Default

Civilian Board of Contract Appeals

Mayberry Enterprises, LLC v. Department of Energy

Case no.:   CBCA 5961

Date filed:  June 1, 2020

Overview

The Civilian Board of Contract Appeals has allowed a surety, under the terms of a General Indemnity Agreement, to usurp a contractor’s progress payment and retainage even though the government had not yet terminated ... Log in to view the full text.