An equipment lessor on a bonded private job wants to preserve its bond claim. From what date does its 90 days run?
Correct Answer
C) The date it was on site and available for use
Section 713.23(1)(d) provides that with respect to rental equipment the notice of nonpayment may not be served later than 90 days after the date the rental equipment was on the site of the improvement and available for use, which is the same measuring event s. 255.05(2)(a)2 uses on public work.
Why This Is the Correct Answer
Section 713.23(1)(d) provides that with respect to rental equipment the notice of nonpayment may not be served later than 90 days after the date the rental equipment was on the site of the improvement and available for use, which is the same measuring event s. 255.05(2)(a)2 uses on public work.
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