Article Date: 04/21/2008

PRIME MISHANDLES SUBCONTRACTOR DEFAULT AND LOSES RIGHTS AGAINST PERFORMANCE BOND

Court of Appeal of Florida, Fourth District

Current Builders of Florida, Inc. v. First Sealord Surety, Inc.

No. 4D06-4076
April 2, 2008

Overview

A Florida court has ruled that by mishandling the default termination of a subcontractor, as well as the requirements of a performance bond, a prime contractor discharged the sub’s surety of its bond obligations.

Background

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