Idaho Complaint Against Contractor and Surety for Abandonment of Construction Project

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US-01129BG
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Description

The failure of a building contractor to substantially perform the terms and conditions of a building contract entitles the other party to the contract to sue for damages resulting from the breach of the contract. The measure of damages in such cases is generally held to be the amount above the contract price that it costs the other party to complete the services in accordance with the terms of the contract.


A surety is a person obligated by a contract under which one person agrees to pay a debt or perform a duty if the other person who is bound to pay the debt or perform the duty fails to do so. A surety is often found when someone is required to post a bond to secure a promise to perform.


This form is a generic complaint and adopts the "notice pleadings" format of the Federal Rules of Civil Procedure, which have been adopted by most states in one form or another. This form is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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FAQ

For written contracts, the statute of limitations is five years. (Refer to §5-216.) For oral contracts, the statute of limitations is four years. (Refer to §5-217.)

18-8201. Money laundering and illegal investment ? Penalty ? Restitution.

28-2-607. Effect of acceptance ? Notice of breach ? Burden of establishing breach after acceptance ? Notice of claim or litigation to person answerable over. (1) The buyer must pay at the contract rate for any goods accepted.

If the bonding company rules in the contractor's favor, it is possible for the owner to file a suit against both entities. Otherwise, the surety can rule in the owner's favor and sue the contractor, in order to recover their losses.

For collection of a debt on an account, where there is an agreement in writing, the statute of limitations is five years. (Refer to §5-216.) For collection of a debt on an account, where there is an oral agreement, the statute of limitations is four years. (Refer to §5-217.)

(1) An action for breach of any contract for sale must be commenced within four (4) years after the cause of action has accrued. By the original agreement the parties may reduce the period of limitation to not less than one (1) year but may not extend it.

Building construction is a regulated activity in Idaho. All contractors are required by Idaho law to be registered with the Idaho Contractors Board, which is a division of the State of Idaho, Bureau of Occupational Licenses.

(b) Any person required under this act to collect, account for and pay over any tax imposed by this act, who wilfully fails to collect or truthfully account for and pay over such tax, and any person who wilfully attempts in any manner to evade or defeat any tax imposed by this act or the payment thereof, shall, in ...

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Idaho Complaint Against Contractor and Surety for Abandonment of Construction Project