Bond company is handling subs' pay after Vt. co-op contractor default

01/9/2013 | Brattleboro Reformer (Vt.)

The reported financial difficulties of a Vermont contractor have not prevented work on a food co-op building from nearing completion, according to the project manager. Many subcontractors have said they haven't been compensated fully for their work. "The subs are going to the bond company with their claims. It's up to the bond company to evaluate the claims and to work with the subs to come to a fair settlement," the project manager said.

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Brattleboro Reformer (Vt.)

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