Practical Guide to Construction Contract Surety Claims

Practical Guide to Construction Contract Surety Claims, Second Edition provides clear guidance on the methods, procedures and case law surrounding the surety process. Whether you represent the surety, principal, or obligee, this one-of-a-kind reference will provide you with the indispensable, practical guidance and reliable tools you need to manage the surety process. Practical Guide to Construction Contract Surety Claims, Second Edition is logically organized around the various types of bonds - payment bond, bid bond, performance bond - as well as the claims that are asserted against those bonds, and the methods of investigation and resolution of those claims. It covers in detail the surety's options for resolving performance bond claims, including: TenderCompletion by the obligeeCompletion by suretyFinancing the principalThis book also addresses matters that affect the claims handling process, such as: Bankruptcy of the principalClaims for extra-contractual damagesClaims by the surety against the principalIndemnity for losses sustained by the suretyThe interrelationship of the surety and the insurance carriers for the construction projectValuable analysis of case law is included within the discussion of each topic, and the relevant facts of key cases are highlighted where applicable. Bonus Interactive CD-ROM Includes All Forms and DocumentsThis unique CD-ROM contains nearly 150 forms, such as sample agreements and correspondence among the parties, providing the guidance you need to act quickly and protect your client's interests in any situation.Schwartzkopf, William is the author of 'Practical Guide to Construction Contract Surety Claims ', published 2005 under ISBN 9780735552630 and ISBN 0735552630.