Small Business Administration (SBA) direct forgiveness portal now accepts loan forgiveness applications from borrowers
In response to NASBP member requests for information about states prohibiting directed suretyship, NASBP has released its Survey of State Anti-Directed Surety Statutes information map.
Travelers Casualty and Surety Company of America (2020) Cal.App.4th .)
While the Executive Order directs the use of PLAs, it also recognizes that there will be instances where such agreements may not make sense and for which the contracting agency can seek a waiver
Producer Licensing State Agencies A list of producer licensing state agencies. State Anti-Directed Surety Statutes A compilation of state anti-directed surety statutes. International Surety Information Map A compilation of international surety requirements by country or region
In a typical scenario, the general contractor orally directs a subcontractor to perform work outside of the subcontractor’s scope and promises that a written change order will shortly follow
Generally speaking, the cardinal change doctrine prohibits an owner from directing changes that fundamentally alter the nature of the project. For example, an owner that contracts for the construction of a house could direct the contractor to use a different paint color, but it could not direct the contractor to build a second house
Elements For an acceleration effort to be compensable, the owner must, either directly or implicitly, order a contractor to speed up its efforts on the site in an attempt to complete the work in a period shorter than allowed by the contract.[5] B. Directed Acceleration Directed acceleration occurs when a contractor or owner exercises the “changes” or “change order” provisions of the contract to instruct, or direct, the performing party to complete all the work earlier than the original contract date
If there is no direct physical loss or damage, there is no coverage, period. Whether the coronavirus causes direct physical loss or damage to insured property has been written about extensively in the last few weeks