Blog – Info for Contractors!

Forging a bid bond – not the best idea

Katrina Styx has posted a nice article on a company that forged a bid bond, which you can find at: http://www.hastingsstargazette.com/news/government/3699181-city-works-sub-contractors-complete-memorial-after-forgery-case. Bid Bond Documents Forged RSI Associates, a Prior Lake company, was removed from the project after it was discovered that certain construction documents had been forged. When valid, the documents provide a sort of insurance […]

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Standardized Bond Form Claims

Settlements on Standardized Bond Agreement Forms A guaranty’s responsibility under a payment or performance bond will develop only if the settlement has satisfied all the needed disorders precedent or step-by-step actions. The bond file itself includes these step-by-step needs, which usually means the typical types from the Engineers Joint Agreement Documents Committee (EJCDC) or the American […]

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