ASBCA Reminds Federal Contractors that Lack of Bonding Can Lead to Terminations for Default

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By Alexander Gorelik of Smith, Currie & Hancock A pair of recent decisions from the United States Armed Services Board of Contract Appeals (ASBCA), addressing the appeals of Odyssey International, Inc. to actions taken by the U.S. Army Corps of Engineers, underscore just how damaging failure to obtain payment and performance bonds can be for […]
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