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The Construction Record – Episode 117: Surety and Bonding Series (Part 1)

This week’s Construction Record podcast debuts our surety and bonding series, with digital media editor Warren Frey talking to Weirfoulds partner and lawyer Krista Chaytor, FCA Insurance Brokers vice president of construction practice Jamie Collum and Smartbuild Construction Solutions founder Malik Zulqernain.

Topics covered by our guests included key changes in CCDC 2020 documents, understanding the “Ready For Takeover” milestone, early occupancy by owners and payment legislation and new insurance requirements.

Zulqermain made a strong case for contractors and emphasized how they should understand the impacts of both older documents that are still in use and the new 2020 documents, and both Chaytor and Collum stressed the importance of specificity when writing contracts instead of “cut and paste.”

You can listen to The Construction Record and TCR Express on the Daily Commercial News and Journal of Commerce websites as well as on Apple PodcastsSpotify and Amazon Music’s podcast section and you can hear last week’s interview with ConstructConnect president and CEO Dave Conway and executive vice-president and general manager, GC team, Jonathan Kost  here. Thanks for listening and we’ll see you next week.

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