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Table of Contents
- Introduction
- Statutorily-Required Sureties
- What Do I Do to Determine Whether the Client Has a Claim?
- Initiation of Litigation to Recover the Unpaid Funds
Abstract
This paper offers some assistance to the practitioner
representing lower tiers in the construction industry in forcing the camel
through the eye of the needle or, stated differently, collecting unpaid funds
from the sureties. The comments and suggestions are assuming the usual
worst-possible circumstances when there will be, in all probability, several
alert subcontractors, sub-subcontractors or material suppliers seeking to
grab a piece of the pie before it is gone or no hope is left. The suggestions
are not meant to be all-inclusive or a comprehensive survey of the entire body
of law as it relates to the State and Federal Public Work Statutes, but an
attempt to focalize the usual and customary issues as they arise for the
subcontractors', sub-subcontractors' and suppliers' lawyers.
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