Required Notification to Be Beneficiary Under a Payment Bond

In State, County, or Municipal projects, payment bonds are typically required of the general contractor, as the commercial Construction Lien Law is inapplicable to these projects. Copies of the payment bond are always provided to the relevant government agency, as well as to all direct subcontractors or suppliers with whom

Article source: https://www.njlawblog.com/2018/05/articles/construction/required-notification-to-be-beneficiary-under-a-payment-bond/

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