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Thread: prints

  1. warso
    warso is offline Junior Member
    Join Date
    Nov 2005
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    7

    prints

    under a contruction contract bond if the so called project is built wrong because of bad drawings does the surety still have to honor the bond even if the drawings were supplied by the contractor. and does this mean that the bond has to be forfieted
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  2. Riskwriter
    Riskwriter is offline Administrator
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    Jan 2005
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    54

    There will be clauses in the construction contract stating that if there are errors due to the architectural inaccuracies – then there likely will be an insurance policy carried by the architect to cover such errors and omissions. The surety is not obligated (generally) to guarantee construction on incorrect drawings.


    Quote Originally Posted by warso
    under a contruction contract bond if the so called project is built wrong because of bad drawings does the surety still have to honor the bond even if the drawings were supplied by the contractor. and does this mean that the bond has to be forfieted
    Surety Bonds for all classes of business.
    JW BOND CONSULTANTS, INC.
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