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Supplier To Second-tier Sub Recovers Against Bond Bonds-payment; Suppliers

Monday, May 09, 2005 02:51 pm

 
Supplier To Second-tier Sub Recovers Against Bond Bonds-payment; Suppliers

A North Carolina court has allowed a supplier to a second-tier subcontractor to recover against a public works payment bond.

The North Carolina State Ports Authority awarded a contract to Monroe Construction Co. for construction of a transit shed in Wilmington. Pursuant to North Carolina's "Little Miller Act," N.C. Gen. Stat. secs. 44A-25-35, Monroe furnished a payment bond issued by Travelers Casualty & Surety Company of America.

Monroe Construction subcontracted the fire protection system to Diversified Fire Protection. Diversified the [...]

 
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