Lori Lange | Peckar & Abramson In a recent decision, the United States Court of Appeals for the Eighth Circuit reversed a district court’s decision holding that a surety was not required to fulfill any of its obligations under payment and performance bonds because the subcontract between the prime contractor and the subcontractor violated the… Continue reading Eighth Circuit Reverses District Court Decision Allowing Surety to Rescind Bonds for Alleged Illegal Subcontract as Premature
Tag: Subcontractor Bids
California Court Limits Recovery for General Contractors Relying on Subcontractor Bids
Marion T. Hack | Pepper Hamilton LLP | August 1, 2016 The court’s decision allows subcontractors to place unforgiving terms in their bids and gives them an ultimate out if general contractors do not agree to those terms. General contractors should pay attention to a recent decision from the California Court of Appeals regarding damages… Continue reading California Court Limits Recovery for General Contractors Relying on Subcontractor Bids