Amendments to Federal Regulations Provide Contracting Officers a New Cudgel with Which to Threaten Treasury Listed Sureties
Also, find out more about Liz in the NASBP Pipeline article in the upcoming Jan/Feb Pipeline coming out later this month
NASBP published this in its January/February 2015 Pipeline e-newsletter
Fed Reg Changes Provide.pdf
Late last week, we reported in Pipeline that the U.S
#surety #beguaranteeedtosucceed #SmartBrief #Pipeline
A recent Texas Court of Appeals case, Wood Group USA, Inc. v. Targa NGL Pipeline Company, LLC , emphasizes the need for precision in construction contracts and highlights the significant impact such cases have on contracting parties. Case Background In September 2018, Targa NGL Pipeline Company, LLC (“Targa”) contracted Wood Group USA, Inc. (“Wood Group”) to construct an 80-mile section of the Grand Prix NGL Pipeline System. The initial contract price was $43 million, with a completion date of March 6, 2019
NASBP invites anyone to view past issues : Sign-up to receive the FREE Surety Bond Quarterly. Pipeline --The NASBP e-newsletter, Pipeline, is an electronic newsletter that informs members, affiliates, and associates of current surety and construction industry issues that affect their businesses and that announces the Association’s policies, initiatives, and meetings.Pipeline is distributed every other month
NASBP provides various communications and educational resources, such as the government e-newsletter, Focal Point , Pipeline and information maps on subjects such as public-private partnerships (P3s), correspondence on behalf of its members relating issues concerning local, state or federal owners and a compilation of state bonding threshold statutes
As the videos were rolled out, NASBP promoted them in NASBP SmartBrief enewsletter and on social media. A NASBP Pipeline article culminated the series