(Download) "General Electric Co. v. Webco Construction Co." by Colorado Court of Appeals " Book PDF Kindle ePub Free
eBook details
- Title: General Electric Co. v. Webco Construction Co.
- Author : Colorado Court of Appeals
- Release Date : January 20, 1967
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 65 KB
Description
In November, 1962, Webco, as general contractor, was awarded a contract by School District No. 1 in Arapahoe County, Colorado, for the construction of some new classrooms and to make other alterations to the Flood Junior High School building in Englewood, Colorado. Pursuant to C.R.S. 1963, 86-7-6, Webco, through National Union as surety, delivered to the school district a performance bond and labor and material payment bond. One undertaking was for the faithful performance of the contract and the other bound the principal and surety to make prompt payment to suppliers for all labor and material used or required to be used in the performance of the general contract. The latter bond protection extended to suppliers of either the principal contractor or the subcontractors.
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