Lowndes Drosdick Doster Kantor & Reed, P.A.

Practices and IndustriesPractices and Industries


Surety and Fidelity

The firm's Construction Law Practice Group has long-term expertise in the areas of fidelity, surety and construction law. Included in this practice area are financial institution bonds, Miller Act bonds, state public and private statutory bonds and subcontract bonds. Lowndes, Drosdick, Doster, Kantor & Reed attorneys are particularly experienced at resolving contractor default situations including the investigation and arranging of the completion of defaulted contractor scopes of work, negotiations with obligees, negotiations with principals, preparation of takeover contracts, preparation of re-let contracts, preparation of subordination agreements, control account agreements, assignments, powers and negotiations with banks and secured creditors to establish surety priorities and the administration of all claims brought pursuant to payment bonds.
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