Learn the requirements for submitting claims and the benefits and drawbacks of requiring bonds on a particular project.
Many contractors do not know what their rights are related to payment and performance bonds. This topic will discuss the fundamentals of payment and performance bonds, highlighting the claims process as well as issues every contractor should be aware of. The information will give some insight into what happens after a performance or payment bond claim is filed. The material will include critical information for any contractor related to time and notice limitations and necessary steps to make sure that a bond claim is properly filed and can be enforced.
Agenda
Faculty
Danielle Cohen
Tesser & Cohen
- Partner at Tesser & Cohen
- Focuses her practice on construction litigation and has represented a diverse range of con-struction clients, including owners, general contractors, subcontractors and material suppli-ers
- Involved in both prosecuting and defending claims on private and public projects in New Jersey and New York, including delay claims, construction lien and mechanic’s lien foreclo-sure actions, defective work claims, bond claims, prompt payment act claims and trust fund issues
- Immediate Past Co-chair, New Jersey State Bar Association, Construction Law Section
- Selected to SuperLawyers 2022-2024; Selected to Rising Starts 2014-2021
- Can be contacted at 201-343-1100, [email protected], or https://www.tessercohen.com/danielle-cohen.html
Matthew Lakind
Tesser & Cohen
- Partner at Tesser & Cohen
- Practice focuses on construction litigation
- Represents project owners, general contractors, subcontractors, and suppliers
- Involved in various types of claims and defenses associated with construction litigation, including construction lien foreclosures, payment and performance bond claims, home improvement contract disputes, equitable adjustment claims, cardinal change disputes, delay claims, and disputes regarding workmanship
- Co-vice chair, New Jersey State Bar Association, Construction Law Section
- Can be contacted at [email protected], 201-343-1100, or https://www.tessercohen.com/matthew-lakind.html
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