How the Design Professional Standard of Care Is Affected by COVID-19
Should a new standard of care apply to design professionals' work on construction projects?
Surety Defenses: Overpayment of Contract Funds and Cardinal Change to Contract
Two common surety defenses to limit its exposure are overpayment to principal defense and cardinal change to the contract defense.
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.
COVID-19’s Effect on Filing Construction Liens
Contractors working during the pandemic may not be paid on time, leading to more lien and payment bond claims, but filing lien claims may be more difficult during