Year:
2016
Court:
Florida Court of Appeal, Second District
Case Number:
2D16-1533/12-CA003073
Issue:
- Performance Bonds
State:
- Florida
A typical surety relationship is created where a contractor undertakes a construction project and obtains a bond to assure its performance. Contractors that undertake public projects generally are required by statute to obtain both payment and performance bonds. If the contractor on a public project…