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Construction Law

: Construction Law Blog

Legislative Update - Trust Fund Proposal

By Brett Hill

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The proposed legislation is an effort to cure a potential pitfall to general contractors. The problem arises when a subcontractor (or lower tier contractor) on a site has financial problems and is unable to pay its own employees' union trust fund benefits. The general often finds out after it is too late when the union files a claim against the general's bond. The general then ends up essentially paying twice. The proposed legislation will be linked to the site shortly...

Full post as published by Construction Law Blog on December 28, 2007 (boomark / email).

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