Pennsylvania Commonwealth Court Changes The Landscape of Payment Bond “Safe Harbor” Provisions
On behalf of Kaplin Stewart Meloff Reiter & Stein, P.C. posted in Bonding and Surety on Aug 22, 2013.
The Pennsylvania Commonwealth Court recently issued an opinion that significantly impacts the scope of payment bond coverage by changing the application of what is commonly known as the “safe harbor” provision. The decision in Berks Products v. Arch Insurance Co., is already drawing fire from several quarters of the construction industry.
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