Understanding Public Construction Surety Bonds

Registration Fee

$20.00

Description

This material explains the role of surety bonds in federal, state and local government construction project. It covers Federal Miller Acts bonds, state bid bonds, and state performance and payment bonds. The course explains the process for government agencies to pursue performance bond claims, and for unpaid trade subcontractors and suppliers to assert payment bond claims. It also discusses the rights, defenses and remedies of performance and payment bond sureties against both government agencies and the bonded principals.

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Total Hours
1.25
Commerical/Consumer Law Hours
1.25