A project default occurs when a contractor or subcontractor fails to fulfill their obligations under a construction contract. This can include missed deadlines, defective work, abandonment, or failure to pay subcontractors or suppliers. In Louisiana, such defaults can trigger complex legal and financial consequences—especially for sureties, project owners, and general contractors.
When a default is declared, sureties may be called upon to step in under performance or payment bonds. The surety’s role may involve investigating the default, facilitating completion of the project, or providing financial compensation to cover losses. Timely and strategic action is critical, as project delays and cost overruns can escalate quickly.
Our firm represents sureties, contractors, and project owners in navigating default situations across public and private projects. We provide experienced counsel in assessing liability, asserting bond rights, negotiating resolutions, and litigating disputes when necessary. With a deep understanding of Louisiana’s construction and surety laws, we help protect your interests and manage risk through every phase of a default.