Related Links: Clarity Needed on Individual Surety Assets Did Officers Divert Funds at Surety First Sealord? (subscribers only) Even if you are in the surety business, you may not have heard of the Safety Signs case. If you have, you probably hope it will be resolved soon and go away. The case involves a subcontractor, Safety Signs LLC, that made a claim under a payment bond the surety refused to pay. Under the technical details of Minnesota state law, the surety's refusal to pay was entirely legal.The American Subcontractors Association filed an amicus curiae brief in January urging the Supreme
The growing need to collect, store and analyze the huge volumes of data collected from infrastructure project stakeholders is generating a new growth area for construction-sector firms, IT vendors and professionals.