Construction/Fee Clause Interpretation: Where Payment Bond Made Clear That Surety Not Liable To Additional Fees/Costs Above Penal Bond Sum, Party Obtaining Fees In Derogation Of This Limitation Not Entitled to Fees
Cases: Construction, Cases: Fee Clause Interpretation, Cases: POOF!Only County Entitled to Additional Fees/Costs Over Penal Sum Based on Clear Terms in Payment Bond. In Granite Constr. Co. v. Bond Safeguard Ins. Co., Case No. C066759 (3d Dist. Mar. 13, 2014) (unpublished), surety under a payment bond lost an exoneration argument at trial based on a settlement agreement which had a […]
