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If the principal of a construction company has a felony conviction, will that prevent his company from obtaining performance and payment bond?

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Anonymous Subcontractor

If the principal of a construction company has a felony conviction, will that prevent his company from obtaining performance and payment bond?

1 reply

Sep 8, 2020

Hello,

That is entirely 100% dependent on the surety that is issuing the payment and performance bond. You would need to call an insurer to find out.

-Aaron

I am an attorney but I am not your attorney... yet. The information provided here does not create an attorney/client relationship.
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