Risk
Know Your Payment Bond
If a claimant does not comply with the exact language of the payment bond, the surety company can deny the claim. Know time limitations for filing claims.
By Gary Strong
May 13, 2020
Topics
Risk
by Gary Strong
Gary Strong is a partner with the law firm of Gfeller Laurie LLP. He focuses his practice in the defense of contractors and design professionals during construction defect litigation. Gary may be reached at gstrong@gllawgroup.com.
Related stories
Risk
Four Steps to Effectively Manage Rising Risk of Construction Liability Claims
By David Chmiel
Liability claims in construction are increasing in frequency and complexity. Make sure your company is prepared to wade through the legal waters.
Risk
Well-Insulated: Predict the Unpredictable Construction Costs
By Jill Masur
Contractors may need to revisit some of the processes in their accounting and financial operations. Here are six strategies for construction companies to insulate against cost increases and mitigate financial risks.
Risk
Wildfires, Silica Exposures and ESG-Friendly Solutions
By David Rios
Wildfires can carry along with them hidden dangers lurking in their smoke that may pose a risk to your workforce.