Michael McNamara and Lexie Pereira | American Bar Association Subcontractor Default Insurance (“SDI”) is marketed as a substitute for a subcontractor performance bond as SDI provides coverage for a prime contractor’s losses due to a subcontractor’s failure to perform on a project. Based on the purpose of SDI and with “Default” in its full name,… Continue reading The Silent ‘D’ in SDI: Subcontractors May Not Need to be Notified of Default for Prime Contractors to Receive Subcontractor Default Insurance Coverage