New Laws Mandate One-Stop Payment Compliance: Risk Falls on Prime Contractor
Location: Villanova University - Villanova, PA
Start Date: July 17, 2018
End Date: July 17, 2018
Start Time: 12:00 pm
End Time: 4:30 pm
Practice Area(s): Surety, Construction & Infrastructure,Register
Lori Ann Lange, Partner in the firm’s Washington, DC office, will speak at the National Association of Surety Bond Producers (NASBP) 2018 Road Show in Villanova, Pennsylvania on Tuesday, July 17, 2018 from 12:00noon to 4:30pm. Ms. Lange’s presentation titled “New Laws Mandate One-Stop Payment Compliance: Risk Falls on Prime Contractor” will discuss potential surety liability under the False Claims Act and general contractor liability for nonpayment of subcontractor laborers on private projects.
The NASBP is the association of and resource for surety bond producers and allied professionals. NASBP producers specialize in providing surety bonds for construction contracts and other purposes to companies and individuals needing the assurance offered by surety bonds. NASBP producers engage in contract and commercial surety production throughout the United States, Puerto Rico, Guam, and a number of countries. They have broad knowledge of the surety marketplace and the business strategies and underwriting differences among surety companies. As trusted advisors, professional surety bond producers act in many key roles to position their clients to meet the underwriting requirements for surety credit.