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Re: chicago1 post# 5334

Friday, 08/30/2013 6:26:15 PM

Friday, August 30, 2013 6:26:15 PM

Post# of 6143
How about this
I have been in contracting for 12 years and I fully understand how bonding works. My point was for a contractor to do government work, they must be bonded. For those who don't understand how bonding works..a reputable contractor with a good record of completion will get bonding power from an insurance company. Should the contractor walk away from a job incomplete, the customer will pull the bond and the insurance company will pay another contractor to complete the job. Bonding is basically an insurance policy to ensure a project will be completed
If CCI's contractor walked away from a government job and left it incomplete, the bond would have been pulled and a different contractor would have finished the job.
As far as you not giving a name, its a public record of who does government work. I could find no record of CCI doing any work for the city of Columbus or any connection to the Columbus Center of Science and Industry. And if CCI was doing this job they claim and your contractor walked away, someone else would have finished it and been paid by the bond, not CCI. There is nothing like CCI claims they built in the city of Columbus.
If you have any credible info to the contrary, please share. We would all be happy to hear something good

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