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legal-terms-laws

2018 Construction Law Round-Up

Dozens of new laws or amendments will effect the construction industry in 2018. The following is a round-up of some of these new law. Unsatisfied Judgment Prohibits Work Assembly Bill 1278 provides that when an unsatisfied judgment is issued against…
Lanak & Hanna
January 31, 2018
legal-terms-laws

Bid Bond and Withdrawl of Bid

Does the Bid Bond Call for a Forfeiture or Payment of Damages? We all know that the bid bond guarantees that the principal will sign the contract and provide the required performance and payment bonds, insurance policies and other contract…
Frank Lanak
November 26, 2014