Below you'll find a list of all posts that have been tagged as “performance bond”
A Syracuse-based contractor must pay more than $66,000 to the customers he deceived after he was found guilty again of violating a court order. Jason M. Briere was found in civil and criminal contempt Tuesday of a court order that barred him from running a home construction business without posting a $25,000 performance bond, state Attorney General Barbara Underwood announced …
An unlicensed company that advertises it is in its eighth year of business in selling construction performance bonds in remains in business, despite a half dozen cease and desist orders in multiple states, the Target 12 Investigators have learned. Tell me more >>>
Although other forms of security are possible to secure performance of a construction contract, corporate surety performance bonds remain the construction contract guarantee of choice for owners in both public and private projects. Read the full article >>>
The courthouse roof and masonry project remains on hold while the Johnson County Commission waits for the low bidder to produce a performance bond. The county opened bids March 20. Strata Architecture and Preservation architects checked bidder qualifications, materials, references, schedules and tradesmen. Architects Susan Richards Johnson and Trudy Faulkner told commissioners the $647,700 low bid from All Trades Historical …
No more charges out of the second grand jury convened to investigate the near-bankruptcy of Pennsylvania’s capital city. But the 82-page report does make some recommendations for changing state law: Extend the statute of limitations of public officials in Pennsylvania. Law enforcement already gets extra time to charge public officials, but ambiguity arose during former Mayor Stephen Reed’s trial over …
The state has effectively fired the contractor of the new Broughton Hospital. In a letter dated April 20 sent to Archer Western Contractors and Travelers Casualty & Surety Co. of America, the N.C. Department of Health and Human Services said the contractor has failed to resolve or cure six of the seven grounds for annulment the state laid out in …
“Obviously flawed.” “Ill-conceived.” “Problematic.” “Lack of transparency.” These are some of a Pennsylvania grand jury’s descriptions of Harrisburg’s incinerator deal debacle that cost the city upwards of $300 million and sent it spiraling toward insolvency. Much of it is laid at the doorstep of then-Mayor Stephen R. Reed, who made a practice of paying off old debt by borrowing anew. …
