News & Analysis as of

Performance Bonds Infrastructure

Franczek P.C.

Recent Amendments will Impact School District Construction Projects

Franczek P.C. on

Recent changes to Illinois law will impact the way school districts administer their summer construction projects. The Public Construction Bond Act has been amended effective January 1, 2024, to increase the threshold at...more

Farrell Fritz, P.C.

Municipalities Cannot Withhold Permits to Secure Infrastructure and Improvements

Farrell Fritz, P.C. on

In Joy Builders, Inc. v. Town of Clarkstown, 2018 N.Y. Slip Op. 07110, 165 A.D.3d 1084 (2d Dept 2018), a developer (“Developer”), in connection with the development of two subdivisions, challenged a provision of the Town Code...more

Snell & Wilmer

A Subsequent Developer has no Ability to Force a Public Body to Call an Abandoning Developer’s Performance Bonds for...

Snell & Wilmer on

The Arizona Court of Appeals decided on July 22, 2014 that a developer cannot compel a public entity to call its performance bonds to complete infrastructure improvements on a construction project that a prior developer...more

Cohen Seglias Pallas Greenhall & Furman PC

Amendments to Ohio P3 Legislation Add Bonding Requirements with a Twist

It is no secret within the construction industry that public-private partnership (P3) project delivery has recently become all the rage. The demand for infrastructure repairs and improvements is high, and the public dollars...more

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