Construction bonds can help to control risk with your project.
The two most common bonds one will encounter in construction are payment and performance bonds. Bonds are essentially a form of suretyship. While suretyship is distinguishable from insurance, it is a contractual relationship, in the form of a bond, whereby one person agrees to answer for the debt, default or other failure to perform an obligation of another. In the construction context, the suretyship relationship usually consists of a contractor as the principal, the owner of the project as the obligee, and the entity issuing the bond (typically, an insurance company) acting as the surety on behalf of the principal. But the identities of the parties may vary.
Agenda
Faculty
Michael Jay Rune, II
Carlton Fields, P.A.
- Shareholder in the Miami office of Carlton Fields, P.A.
- Practice emphasizes construction, surety, and insurance law and related litigation since 1997
- Lectures on issues important to the construction industry; and co-author of Liability and Performance Bond Surety in The Law of Performance Bonds (ABA 1999)
- Can be contacted at 305-539-7231 or [email protected]
Michael Kelley
Shutts & Bowen LLP
- Attorney in the Orlando office of Shutts & Bowen LLP
- Practices commercial litigation, with a heavy emphasis on construction and design defects; additional experience includes construction contract drafting and negotiations, international and multi-national business transactions
- Nonlegal experience includes construction financing, construction materials sales, and construction laborer and foreman throughout high school and college
- J.D. degree, cum laude, University of Florida Levin College of Law; B.A. degree, magna cum laude, Rollins College
All of your training, right here at Lorman.
Pay once and get a full year of unlimited training in any format, any time!
- Live Webinars
- OnDemand Webinars
- MP3 Downloads
- Course Manuals
- Audio Recordings*
- Executive Reports
- White Papers and Articles
- Sponsored Live Webinars
Additional benefits include:
- State Specific Credit Tracker
- Members Only Newsletter
- All-Access Pass Course Concierge
* For audio recordings you only pay shipping
Questions? Call 877-296-2169 to speak with a real person.
Thank You!
Download White PaperMore Program Information
Access to all training products $699/year
Unlimited Lorman Training
With the All-Access Pass there is no guessing what you will need for your yearly training budget. $699 will cover all of your training needs for an entire year!
Easy Registrations
Once you purchase your All-Access Pass you will never be any further than one-click away from attending any Lorman training course.
Invest in Yourself
You haven't gotten to where you are professionally by luck alone; it's taken a lot of hard work and training. Invest in yourself with the All-Access Pass.
