There are a lot of working components to a construction project. Additionally, there are many stakeholders that could suffer delayed or no payment for the services they have rendered or for the materials and equipment they provided for a public construction project. In these matters, filing a construction bond claim could assist these stakeholders recover payment; however, this process has certain requirements and deadlines. As such, it is imperative that they timely and properly begin this process to they can successfully recover payment for debts.
Filing bond claims
At the Law Office of Timothy H. Nichols, PLLC, our attorneys understand the importance of being paid for services provided of materials given towards a construction project. However, we also understand that many construction projects encounter delays or negligent oversight. As such, our attorneys are prepared to help our clients file a bond claim.
A bond claim can be filed in two situations. The first is when construction delays have hindered the overall performance of the construction project. And the second is when the contractors or material suppliers have received non-payment due to delays or negligent oversight of the project.
Protecting your rights
In these matters, it is essential to protect your rights. In doing so, it is crucial that one accurately and timely acts. Doing so could help ensure one is able to obtain fair compensation for their contributions made towards a public project.
Having an experienced legal team on your side is essential. Construction law is unique and requires a skilled expert to help one navigate these matters. We are equipped with the knowledge and skills required to guide our clients through the process, ensuring everything in timely and properly filed. Additionally, we are prepared to litigate the matter to reach a favorable resolution.