What types of defense could a surety claim in order to not pay an owner the bid bond when their client refuses to be awarded the project?
What will be an ideal response?
The type of defenses that a surety could claim in order not to pay an owner the bid bond when their client refuses to be awarded the contract are the following:
a) Proving the low bidder made a mistake in their bid.
b) Claiming that the owner waited too long before awarding the bid thus invalidating
the time frame in which the bid bond was valid.
c) Claiming that the owner somehow changed or altered the terms and conditions of
the contract before awarding the bid.
You might also like to view...
A ____ foundation system uses beams placed between vertical supports to support structural loads.
A. stacked B. piling C. spread D. continuous
A market analysis shows all horticultural sales for 2009 in the United States at ____
A) ?$13.6 B) ?$18.2 C) ?$11.7 D) ?$10.9
The American cottontail was used in the development of our domestic rabbit
Indicate whether the statement is true or false
Name four metals or metal compounds that high-quality paints contain
What will be an ideal response?