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Practical Guide to Construction Contract Surety Claims

William Schwartzkopf

0/5 ( ratings)

Practical Guide to Construction Contract Surety Claims provides clear guidance on the methods, procedures and case law surrounding the surety process. Whether you represent the surety, principal, or obligee, this one-of-a-kind reference will provide you with the indispensable, practical guidance and reliable tools you need to manage the surety process.Practical Guide to Construction Contract Surety Claims is logically organized around the various types of bonds - payment bond, bid bond, performance bond - as well as the claims that are asserted against those bonds, and the methods of investigation and resolution of those claims. It covers in detail the surety's options for resolving performance bond claims, including:

Tender
Completion by the obligee
Completion by surety
Financing the principal
This book also addresses matters that affect the claims handling process, such as:

Bankruptcy of the principal
Claims for extra-contractual damages
Claims by the surety against the principal
Indemnity for losses sustained by the suretyThe interrelationship of the surety and the insurance carriers for the construction projectValuable analysis of case law is included within the discussion of each topic, and the relevant facts of key cases are highlighted where applicable..

Pages: 1352

Format: Hardcover

Release: November 21, 2017

ISBN 13: 9781454884125

Practical Guide to Construction Contract Surety Claims

William Schwartzkopf

0/5 ( ratings)

Practical Guide to Construction Contract Surety Claims provides clear guidance on the methods, procedures and case law surrounding the surety process. Whether you represent the surety, principal, or obligee, this one-of-a-kind reference will provide you with the indispensable, practical guidance and reliable tools you need to manage the surety process.Practical Guide to Construction Contract Surety Claims is logically organized around the various types of bonds - payment bond, bid bond, performance bond - as well as the claims that are asserted against those bonds, and the methods of investigation and resolution of those claims. It covers in detail the surety's options for resolving performance bond claims, including:

Tender
Completion by the obligee
Completion by surety
Financing the principal
This book also addresses matters that affect the claims handling process, such as:

Bankruptcy of the principal
Claims for extra-contractual damages
Claims by the surety against the principal
Indemnity for losses sustained by the suretyThe interrelationship of the surety and the insurance carriers for the construction projectValuable analysis of case law is included within the discussion of each topic, and the relevant facts of key cases are highlighted where applicable..

Pages: 1352

Format: Hardcover

Release: November 21, 2017

ISBN 13: 9781454884125

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