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A recent decision from the United States District Court for Delaware held that a surety was not liable for consequential damages to a building owner after a default by its contractor...
State College's Borough Council passed a resolution at its Monday night meeting, approving a performance bond for Core Spaces LLC — a student housing development company and developer of a
Open Letter to His Excellency President of South Korea Moon Jae-in, POTUS, Members of Congress and Fellow Americans News Provided By Share This Article Best Theratronics Ltd. logo — www.theratronics.com Best 70 MeV Cyclotron Magnet Assembly Best 70 MeV Cyclotron Cabinets Best 70 MeV Cyclotron Ion Source Welcoming His Excellency President Moon Jae-in of South Korea Upon His Visit to the USA for Meeting with U.S. President Joseph R. Biden (SEOUL, Korea Release) SEOUL, KOREA, May 21, 2021 /EINPresswire.com/ -- Your Excellency President Moon Jae-in, welcome to the United State...
Thursday, May 13, 2021 When a party to a construction contract is faced with nonperformance of another party, often the desire to keep the project moving takes precedence in responding to the performance default. Problems arise, however, when the party who is owed the performance acts without first considering the terms and conditions of the written instruments governing the parties’ relationship on the project. For example, a construction contract may require the posting of payment and performance bonds guaranteeing, among other things, the performance of the bonded contract work...