Surety Hires Terminated Contractor to Finish Project
Imagine a situation where the property owner finds significant problems with its contractor’s work and decides to fire the contractor. The property owner promptly informs the surety seeking a replacement contractor to finish the project. The surety investigates the situation and decides to hire the terminated contractor to finish the project. Sounds a bit odd, and certainly disappointing to the owner, but this can happen and did happen in a [...]