Flores Ryan, LLP

Construction equipment secured by mechanic's lien

Payment Bond Law

Overview

Payment bonds provide a definite source of funds to secure amounts owed on California projects in which they are available. All California public works projects involving an expenditure in excess of twenty-five thousand dollars must have a payment bond. (Civil Code § 9550.) Federal projects exceeding $100,000.00 also must have a payment bond. And often savvy owners on larger private projects also required the GC to secure a payment bond.  But certain requirements must be to met before a party on a construction project is deemed eligible to recover from any payment bond in place. And proper deadlines
for asserting a payment bond claim and filing a lawsuit to enforce payment on the bond must be adhered to. 

The payment bond claim attorneys at Flores Ryan LLP have expertise in every aspect of California payment bond claim law. We provide the legal expertise to ensure that amounts owed are recoverable from the payment bonds in place.  Our extensive experience as payment bond claim attorneys allows us to advance payment bond claims strategically to maximize the likelihood of a rapid and substantial recovery. 

ARTICLES

CSLB Citations

Getting back to the basics of how a CSLB Citation works, this article will provide an overview of what every contractor should know.

CSLB Complaint Red Drawer
What You Need To Know About CSLB Complaints

This article covers the process of complaints and citations issued from the CSLB

Hammer Wielded by contractor with California contractor’s license
California Contractors' License - The Basics

Contractors can learn the limits of what their specific license allows them to do and can learn how to properly maintain their license.

Construction question: Mechanic's Lien, Stop Payment Notice, Or Bond Claim?
Mechanic's Lien, Stop Payment Notice, Or Bond Claim?

A comparison of statutory payment remedies and when some or all should be employed.

KEY POINTS