Common use of Notification of Surety Clause in Contracts

Notification of Surety. In the event of a Claim against the Contractor, the Owner may, but is not obligated to, notify the surety, if any, of the nature and amount of the Claim. If the Claim relates to a possibility of a Contractor’s default, the Owner may, but is not obligated to, notify the surety and request the surety’s assistance in resolving the controversy.

Appears in 6 contracts

Sources: Agreement for Construction Management Services, Construction Management Services Agreement, Construction Management Services Agreement