Payment and Performance Surety Bonds in Construction Projects
Asserting and Defending Surety Bond Claims and Exploring a Cost Effective Alternative for Owners, Contractors and Sureties to Protect Rights or Maximize Recovery
Recording of a 90-minute CLE webinar with Q&A
This CLE webinar will provide construction counsel with a review of payment and performance bond coverage issues. The panel will outline key aspects of bond disputes, and offer best practices to maximize recovery and protect interests in disputes.
Payment bond coverage issues and common disputes
- Private v. Miller Act bonds
- Parties and work qualifying for coverage
- Recovery for extra work, delay damages, profits etc.
- Surety obligations and defenses
Performance bond coverage issues and common disputes
- Declaration of default and surety options
- Covered claims
- Surety defenses to owner’s claims on the bond
- Owner’s claims against the surety
- Best practices for maximizing recovery and protecting interests
The panel will review these and other key questions:
- What protections do payment and performance bonds provide various stakeholders in the project?
- What are some of the more common pitfalls in making claims against surety bonds?
- What lessons can counsel learn from recent case law to preserve and protect bond claim rights?
Following the speaker presentations, you'll have an opportunity to get answers to your specific questions during the interactive Q&A.
Jonathan C. Burwood
Mr. Burwood focuses his practice primarily in the areas of surety bond, construction, environmental, and commercial... | Read More
Mr. Burwood focuses his practice primarily in the areas of surety bond, construction, environmental, and commercial litigation. He represents sureties, contractors, residential builders, planned community associations and commercial property owners in the context of counseling, negotiation, litigation, arbitration, mediation and bankruptcy. His litigation practice emphasizes surety and construction.Close
He practices primarily in the construction law group and is also teaching a class in Construction Law and Litigation... | Read More
He practices primarily in the construction law group and is also teaching a class in Construction Law and Litigation at the University of South Carolina Law School. Since 1977 he has been involved in general civil litigation with an emphasis on construction and defense procurement. His litigation experience has exposed him to a wide variety of projects and technical fields.Close