Surety Fails to Pay on Bond for Default Termination

See article in the following topic indices:
,,, 

Email this page to a friend:

When the U.S. Government terminated a contractor for failure to perform in accordance with the contract provisions, the contractor’s surety asserted that the termination was wrongful and refused to pay on the performance bond.  After much litigation it was held that the contractor was properly terminated.  When the surety still did not pay on the [...]

Email this page to a friend: