enow.com Web Search

Search results

1. Results from the WOW.Com Content Network

2. Little Miller Act - Wikipedia

   en.wikipedia.org/wiki/Little_Miller_Act

   All public works construction contracts greater than $100,000.00. Bond shall be in the amount of at least the total amount of the contract and shall be increased as the contract amount is increased (§ 36-91-70, § 13-10-40) Payment Bond Required: All public works construction contracts greater than $100,000.00.

3. Surety - Wikipedia

   en.wikipedia.org/wiki/Surety

   Usually, a surety bond or surety is a promise by a surety or guarantor to pay one party (the obligee) a certain amount if a second party (the principal) fails to meet some obligation, such as fulfilling the terms of a contract. The surety bond protects the obligee against losses resulting from the principal's failure to meet the obligation.

4. Performance bond - Wikipedia

   en.wikipedia.org/wiki/Performance_bond

   A performance bond, also known as a contract bond, is a surety bond issued by an insurance company or a bank to guarantee satisfactory completion of a project by a contractor. The term is also used to denote a collateral deposit of good faith money , intended to secure a futures contract , commonly known as margin .

5. Miller Act - Wikipedia

   en.wikipedia.org/wiki/Miller_Act

   Construction of the Pentagon, 1942.. The Miller Act (ch. 642, Sec. 1-3, 49 stat. 793,794, codified as amended in Title 40 of the United States Code) [1] requires prime contractors on some government construction contracts to post bonds guaranteeing both the performance of their contractual duties and the payment of their subcontractors and material suppliers.

6. Construction law - Wikipedia

   en.wikipedia.org/wiki/Construction_law

   Construction law builds upon general legal principles and methodologies and incorporates the regulatory framework (including security of payment, planning, environmental and building regulations); contract methodologies and selection (including traditional and alternative forms of contracting); subcontract issues; causes of action, and liability, arising in contract, negligence and on other ...

7. Bid bond - Wikipedia

   en.wikipedia.org/wiki/Bid_Bond

   The bond penalty is subject to full or partial forfeiture if the winning contractor fails to either execute the contract or provide the required performance and/or payment bonds. The bid bond assures and guarantees that, should the bidder be successful, the bidder will execute the contract and provide the required surety bonds.