ISSUE WITH BONDS AND CONTRACTS
The Surety Association of Houston is interested in knowing about onerous bond forms and contracts that are presenting problems in the marketplace. When submitting a problem or issue regarding a bond or contract to the SAH, please provide the following:
Summarize the issue with the bond or contract
Provide a copy of the document in question (and point out where in the document the onerous language is)
Provide a status of the situation, if the issue has been reviewed by legal counsel and relay what you would request of the SAH.