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
Bond Protection Under the Miller Act – [ PART 2 ]2
What Notices Are Required Failing to correctly and timely serve the proper notice under the Miller Act may mean “game over” to a bond claimant’s action, even if its work … Read More
Bond Protection Under the Miller Act – [ PART 1 ]
What is The Miller Act The Federal Miller Act protects certain subcontractors, laborers and suppliers that provide labor or materials for the construction, alteration or repair of federal projects against … Read More
Is Prompt Payment a Requirement? A Mistake Can Cost You.
There is a little known but powerful tool for subcontractors and suppliers. It allows them to seek immediate payment on undisputed contract obligations due on public projects from contractors who … Read More