Tag Archives: statute of limitations

Statute of Limitations to Sue on Common Law Payment Bond

In previous postings, I discussed common law payment bonds (or a payment bond that is NOT a statutory payment bond). An action against a common law payment bond has a one-year statute of limitations, but it is a flexible one … Continue reading

Posted in Payment Bond | Tagged , , , | Comments Off on Statute of Limitations to Sue on Common Law Payment Bond

Don’t Make the Mistake of Not Pursuing Your Miller Act Payment Bond Rights

If you are a claimant (subcontractor, sub-subcontractor, or supplier) on a federal construction project, you need to preserve your Miller Act payment bond rights to the extent you are unpaid.  This gives you the leverage to pursue your claim for … Continue reading

Posted in Miller Act, Payment Bond | Tagged , , , | Comments Off on Don’t Make the Mistake of Not Pursuing Your Miller Act Payment Bond Rights

Suing a Miller Act Payment Bond within One-Year From Your Final Furnishing Date

Prime contractors on federal construction projects furnish the federal government with a Miller Act payment bond. Subcontractors and suppliers in privity of contract with the prime contractor (or sub-subcontractors or suppliers in privity with a subcontractor) must file a Miller … Continue reading

Posted in Miller Act | Tagged , , , , | Comments Off on Suing a Miller Act Payment Bond within One-Year From Your Final Furnishing Date

Timely Asserting Performance Bond Claim

A performance bond operates to guarantee the bond principal’s performance under its contract. If the general contractor obtains a performance bond, the bond is designed to guarantee the contractor’s faithful performance under the contractor’s prime contract. If the subcontractor obtains … Continue reading

Posted in Performance bond | Tagged , | Comments Off on Timely Asserting Performance Bond Claim