Most bond forms in use today, including the standard form AIA A312-2010, contain express condition precedents that trigger a surety’s obligations under the bond. Under a performance bond, the bond obligee is required to provide formal notice to the surety that the principal has materially defaulted and that the surety must begin to perform under
Tasnuva Islam focuses her practice on business litigation. She is a member of the firm’s Business Litigation Group. Taz assists clients facing a range of commercial and business disputes, including claims for breach of contract, as well as claims in business torts, such as fraud, misrepresentation, and unfair and deceptive trade practices. Read her full bio here.