Surety to Cover Additional Expenses of Oregon City’s Paving

sbabondsUncategorized

The City has partially settled with the previous contractor’s bonding company Old Republic. Old Republic has agreed to cover the additional cost of construction due to changing contractors and the faulty work done by MAG, LLC. This has allowed the city to select a new contractor to finish the project. There are additional costs associated with the default, but the City will file a claim for those after the completion of the project.

Read the full article >>>