Construction Bond Attorneys
Lawyers for Construction Bond Issues In Gainesville, FL
The two most common types of bonds in the construction industry are payment and performance bonds. Payment bonds are issued on construction projects to guarantee that subcontractors and material suppliers can get paid if they are unpaid by the general contractor or subcontractor above them in the chain. On a project that has a payment bond issued, the subcontractor or supplier cannot file a lien against the owner’s property in the event of nonpayment but must pursue its remedies against the bond. To ensure payment from the surety who issued the payment bond, one must follow strict notice requirements to preserve one’s claim.
Here at Warner, Sechrest & Butts, P.A., our construction law attorneys can assist you with this process whether you are making a payment bond claim or defending one.
Performance bonds are issued on construction projects to protect an owner on a construction project. If an owner believes that his/her contractor is not carrying out the contract adequately, the performance bond is there to protect the owner. The surety on a performance bond may be required to hire a replacement contractor to finish the project or correct defects that may be discovered on a completed project. Stringent time deadlines exist on the ability to bring such a claim, so you are encouraged to contact us to assist you with your claim.
At Warner, Sechrest & Butts, we have also represented sureties who have paid out money on construction bonds and wish to pursue the responsible parties for subrogation, and can often do so on a contingency fee basis. If you are in need of a qualified, board-certified construction law attorney, contact our Gainesville, FL office today. What is your case worth? Find out with Warner, Sechrest & Butts.