Risk
Obtaining Surety Bonding in a Post-Pandemic World
How has the pandemic affected surety bond underwriting? Contractors must show the underwriter how it will navigate COVID-19’s limitations and restrictions to complete the contract.
By Cornelius F. Riordan
August 21, 2020
Topics
Risk
by Cornelius F. Riordan
Cornelius “Con” F. Riordan’s practice emphasizes the representation of contractors, sureties and lenders in both litigation and transactional aspects of construction and surety law. He has tried cases to verdict for contractors and sureties as well as representing them in appeals in both state and federal courts. He also has extensive transactional experience, including preparation of construction contracts, construction loan agreements as well as documents in default and termination cases, workouts, financing of principals, asset sales and acquisitions. As part of Con’s construction practice, he has participated in mediation and arbitration proceedings. Con is President of the Society of Illinois Construction Attorneys.
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