Construction Bonding


It has become the practice in the construction industry, at least on large construction projects, to require contractors to post (i) Bid Bonds, (ii) Performance Bonds and (iii) Labour and Material Payment Bonds before the beginning of construction, and (iv) Construction Lien Bonds in the event that construction liens are registered against the title of the owner?s land during the work.

This paper has been prepared to provide the parties to construction contracts with information on some of the various types of bonds that are available in the industry and to explain how each work. The paper will also describe what owners and contractors must do to protect their rights under the various types of bonds.

This paper is not intended as legal or professional advice. Readers should seek specific legal advice on particular legal issues with which they are concerned.

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Clark Wilson LLP | Attorney Advertising

Written by:


Clark Wilson LLP on:

Popular Topics
Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.