Recent Questions & Answers About Minnesota Bond Claim
Do we cash and accept these terms for our final release of payments? We are still wanting to charge a lien fee.We filed a bond lien on a new school build and had set forth the expectations that if we had to file a lien, we would charge an additional fee of $1,500.00 and a monthly interest rate of 1.5%. Do we sign and return the final lien waiver for payment and then petition the court for the additional fee...
Re-File Bond ClaimFiled a Bond Claim on a General Contractor for a public project. We supplied materials for an upgrade to a Waste Water Treatment Plant in Minnesota. The initial Bond Claim was filed on February 2021. The General Contractor made a payment and agreed to pay the balance. Therefore, we filed a...
If a subcontractor is working on a bonded state project in MN, is the GC required to share Surety information with the subcontractor so the subcontractor can file a claim?The subcontractor was providing landscaping and drainage along a newly installed city bridge. There are several previous pay applications that have not paid. The subcontractor has filed a claim on the bond and requested the Surety information, but the GC will not provide them. It doesn't seem right...
