Top 8 Questions About Bid Bonds
Over the years, we have noticed the same handful of questions being asked by our clients with respect to bid bonds. We thought we’d identify…
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Update: Bill 142 – The Construction Lien Act
After successfully voting in Bill 142 back in December, the Ontario government has now released new information regarding the Amendment to the Construction Lien Act….
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Top 7 Questions About Performance Bonds
Over the years, we have noticed the same handful of questions being asked by our clients with respect to performance bonds. So, we thought we’d…
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Why do I need a 10% bid bond at the tender stage?
In a competitive environment, the tender process can be time consuming and costly for both owners and contractors alike. When a contractor submits a price,…
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Bill 142: Mandatory Surety Bonds in Ontario
One of the most notable changes to the Amended Construction Lien Act (The “Construction Act”) is the requirement for contractors to provide the owner a…
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Bill 142: Ontario’s Amendment to the Construction Lien Act
In December of 2017, the Ontario government successfully voted into legislation Bill 142, modernizing the Construction Lien Act introduced in 1983. The Act, now called…
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