Payment Disputes
Slow payment or non-payment is one of the most common problems in many construction disputes. These disputes range from an owner's failure to pay a general contractor for work and materials, to complex billing conflicts involving numerous parties in private and government construction contracts.
Our construction law attorneys understand how General Indemnity Agreements (GIA) work. Such agreements are a necessary prerequisite to the issuance of a bond by a surety company. A GIA gives the guarantor significant legal authority to collect in the event of a default on the surety bond. Therefore, it is important to be aware of such obligations.
Virtually all Las Vegas public construction projects require that prime contractors or owners acquire surety bonds to ensure that they meet their contractual obligations to pay their subcontractors and suppliers. At Albright Stoddard Warnick & Stoddard our Las Vegas construction lawyers know how vital our clients' business interests are. That's why we provide capable payment dispute litigation to our clients to safeguard their interests.