When a contractor is in default, should the property owner partner with the surety to complete the project ? Or are their interests hopelessly misaligned?
April 24, 2018 at 05:00 PM
1 minute read
It is the bane of every construction project—a non-performing general contractor. The owner is in an untenable situation: stick with the contractor, and the owner is left with a delayed project and losses; terminate the contractor, and delays, increased costs and litigation are inevitable.
Query: How to get to the finish line in the most economical and efficient way?
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