Legal issues involving surety for public transportation projects

Document Type

Report

Publication Date

2012

Subject Area

organisation - regulation, organisation - governance, economics - finance, place - north america

Keywords

surety bonds, finance, federal law, surety issues

Abstract

Issues Involving Surety for Public Transportation Projects reviews applicable federal law, provides examples of state and local laws, and highlights industry practices related to surety. The digest also examines surety issues and industry practices in various types of construction and other public transportation projects. The types of surety addressed by the report include performance, payment, and warranty bonds; letters of credit; and other instruments.

Rights

Permission to link to this article has been given by Transportation Research Board, Washington, copyright remains with them.

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