This form may be completed and used by a subcontractor or supplier who has not been fully paid on a project and is seeking payment from the surety (insurer) under the terms of a payment bond. In construction, a payment bond is a bond on the general contractor to ensure payment to subcontractors and suppliers.
Florida Bond Claim Notice
Category:
State:
Multi-State
Control #:
US-CONST3
Format:
Word;
Rich Text
Instant download
Description
How to fill out Bond Claim Notice?
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FAQ
The Notice of Commencement is a part of the Florida Lien Statute. This document is filed in county records and signifies the beginning of a project. While not required in some states, not filing the Notice of Commencement in Florida can unfavorably affect your lien rights in the state.
This form advises the party that a lien will be filed if payment is not received within 10 days. Since this is a non required document, you can deliver it electronically, or via mail. Sendinging documents via certified mail always adds another layer of professionalism to your payment practices.
After filing the ?Notice to Owner,? the official lien is to be filed within 90 days of the final furnishings of service or 90 days from the termination of the contract between the general contractor and the owner, whichever comes first.
How to File a Bond Claim in Florida Step 1: Obtain a Copy of the Payment Bond. ... Step 2: Send Notice to Contractor. ... Step 3: Send Florida Notice of Nonpayment. ... Step 4: Enforce Your Florida Payment Bond Claim.
A lien is valid for one year, unless a lienor files a lawsuit to enforce the lien prior to the expiration of the year. An owner has a right to file a Notice of Contest of Lien during the one-year period. Upon the filing of a Notice of Contest of Lien, a lienor must file a lawsuit to enforce the lien within 60 days.
In Florida, your Notice to Owner needs to be mailed within 45 days of when you completed your service or when you last received a payment. The notice must be served on the owner before filing the lien or within 15 days after you have filed the lien.
Florida Statute (713.06), requires that a Notice to Owner be served on the improvement owner not later than 45 days from the date of first labor, services, or materials delivered to the job site as a prerequisite to secure the sender's right to lien the property in the event the sender is not properly paid for work ...
The state's ?Little Miller? Act requires the primary contractor to procure a surety bond for any public construction exceeding $100,000. This provision aims to protect government property from being encumbered by a mechanics lien; it also protects lower tier subcontractors from going unpaid.
