The contractor we work for has not paid us on 2 invoices totaling $75,739.60. They are over 90 days old. They also owe $9,579.81 but it was due 12/1/20. We also have retention which we have not billed for. When filing my Bond Claim, do I only use the $75,739.60 or can I file for the full amount of the contract? Also, this contractor owes us around $250,000.00 on other projects..... Thank you ever so much! We are based in Communist California. Karen
Hi Karen! You are funny I hope the other $250K they owe you is just all pending retention!
When you say bond claim, are you referring to a payment bond that was procured by the direct contractor/your customer for this particular project? Is this a public or private project? Are you done with your work on the project?
Unfortunately, I can't help you out with any specific guidance with a particular project or this issue, but perhaps another attorney will be able to!