[quote=UCGal]If you are considering filing for the GCs bond, do it sooner. The 12.5k is for ALL claims, on a first come first serve basis… you want to be in the front of the line. We were second in line on a roofer’s bond and even though our claim was much larger and approved as valid, we got a very small payment because another claim was in before us.
Your GC might find the cash to make it all OK with the bond company and you because they don’t want their bond rates jacked up because of a claim.[/quote]
You know, I don’t want to add fire to the situation but I have to wonder…You think the contractor is doing this not only to the OP, but other clients as well?
I’m just thinking for a contractor with a decent number of jobs… is $17,000 (I think the quoted amount of material costs) really that much that it cannot pay for it? I mean, maybe it’s just me. For a contractor, that’s solvent, it doesn’t seem like it would be so much that he/she couldn’t just “charge it” or something like that.
I don’t understand why it’s letting the OP deal with it at all. Unbelievably shitty.
Really appreciate booter1 for sharing this experience with us… It’s been an eye opener… I really hope you get this resolved in your favor.
