§ 574.28

Safety Signs, LLC v. Niles-Wiese Construction Co. · 2013 1 citation

+ 1 more citation in this opinion.

Edward Kraemer & Sons, Inc. v. Ashbach Construction Co. · 2000 4 citations

+ 4 more citations in this opinion.

Green Electric System, Inc. v. Metropolitan Airports Commission · 1992 6 citations

FACTS Appellant, the Metropolitan Airports Commission (MAC), solicited competitive bids for the installation, placement and maintenance of commercial advertising at the Minneapolis-St. Paul International Airport. Airport Media Marketing (AMM) submitted a bid which the MAC accepted, and they entered into the Terminal Facilities Display Agreement (agreement). Pursuant to the agreement, AMM designed and constructed the advertising display fixtures and marketed display space to commercial advertisers. In return, AMM paid a percentage of the commercial revenue to the MAC. AMM hired a subcontractor, respondent Green Electric Systems, Inc. (Green Electric), to install and repair the displays' electrical wiring. Green Electric was unable to collect from AMM and sought payment from the MAC. Green Electric argued the MAC was liable because it failed to obtain a payment bond under Minn. Stat. § 574.26 (1990) which requires a public body to obtain a payment bond for contracts which involve the doing of "public work."[1] If a payment bond is not obtained, the public body shall be liable for any loss. Minn. Stat. § 574.28 (1990).[2] Under the agreement, AMM did obtain a "performance" bond as required by the MAC. The parties dispute, however, whether this bond ran to the benefit of *822 Green Electric. Green Electric commenced this action after AMM released the performance bond. The trial court granted Green Electric summary judgment and this appeal followed.

FACTS Appellant, the Metropolitan Airports Commission (MAC), solicited competitive bids for the installation, placement and maintenance of commercial advertising at the Minneapolis-St. Paul International Airport. Airport Media Marketing (AMM) submitted a bid which the MAC accepted, and they entered into the Terminal Facilities Display Agreement (agreement). Pursuant to the agreement, AMM designed and constructed the advertising display fixtures and marketed display space to commercial advertisers. In return, AMM paid a percentage of the commercial revenue to the MAC. AMM hired a subcontractor, respondent Green Electric Systems, Inc. (Green Electric), to install and repair the displays' electrical wiring. Green Electric was unable to collect from AMM and sought payment from the MAC. Green Electric argued the MAC was liable because it failed to obtain a payment bond under Minn. Stat. § 574.26 (1990) which requires a public body to obtain a payment bond for contracts which involve the doing of "public work."[1] If a payment bond is not obtained, the public body shall be liable for any loss. Minn. Stat. § 574.28 (1990).[2] Under the agreement, AMM did obtain a "performance" bond as required by the MAC. The parties dispute, however, whether this bond ran to the benefit of *822 Green Electric. Green Electric commenced this action after AMM released the performance bond. The trial court granted Green Electric summary judgment and this appeal followed.

FACTS Appellant, the Metropolitan Airports Commission (MAC), solicited competitive bids for the installation, placement and maintenance of commercial advertising at the Minneapolis-St. Paul International Airport. Airport Media Marketing (AMM) submitted a bid which the MAC accepted, and they entered into the Terminal Facilities Display Agreement (agreement). Pursuant to the agreement, AMM designed and constructed the advertising display fixtures and marketed display space to commercial advertisers. In return, AMM paid a percentage of the commercial revenue to the MAC. AMM hired a subcontractor, respondent Green Electric Systems, Inc. (Green Electric), to install and repair the displays' electrical wiring. Green Electric was unable to collect from AMM and sought payment from the MAC. Green Electric argued the MAC was liable because it failed to obtain a payment bond under Minn. Stat. § 574.26 (1990) which requires a public body to obtain a payment bond for contracts which involve the doing of "public work."[1] If a payment bond is not obtained, the public body shall be liable for any loss. Minn. Stat. § 574.28 (1990).[2] Under the agreement, AMM did obtain a "performance" bond as required by the MAC. The parties dispute, however, whether this bond ran to the benefit of *822 Green Electric. Green Electric commenced this action after AMM released the performance bond. The trial court granted Green Electric summary judgment and this appeal followed.

+ 3 more citations in this opinion.

Judd Supply Co. v. Merchants & Manufacturers Insurance Co. · 1989 1 citation

+ 1 more citation in this opinion.

American Druggists Insurance v. Thompson Lumber Co. · 1984 2 citations

+ 2 more citations in this opinion.