Is having your lien “bonded off” a good thing? Yes. Understanding how you benefit from having a lien to begin with – even better. A lien secures your right to … Read More
How do I get paid after sending notification to the surety?
You did the work but didn’t get paid. So you sent your notice of nonpayment and backup documents. Why won’t the bonding company pay? Why is it taking so long? … Read More
How Do I Get Paid On A Public Project That Has No Bond?
Ensuring you get paid on a public project can be tricky if there’s no bond. As a subcontractor, a sub-subcontractor or a supplier, you may consider yourself lucky to have … Read More
Checklist for a 255.05 Bond
Contractors working on public projects should be familiar with the requirements of Florida Statute §255.05. Here is what a 255.05 bond needs to state on its face: [color-box color=”mycustomcolor”] · … Read More
3 Simple Steps to Filing a Payment Bond Claim
A payment bond secures one’s right to be paid on a construction project. If a job is bonded, a claim exists against that payment bond. How do you know if … Read More