Article Date: 09/16/2024

AIA Bond Preconditions Applied to Delay Damage Claims

New York Supreme Court, Appellate Division

JDS Development, LLC v. Parkside Construction Builders Corp.

Case no.: 1608-09

Date filed: August 15, 2024

Overview

A New York appeals court has ruled that the preconditions to owner enforcement of an AIA performance bond applied not only to completion of the work but also to recovery of delay damages ... Log in to view the full text.

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