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</o:shapelayout></xml><![endif]--></head><body lang=EN-US link=blue vlink=purple><div class=WordSection1><p class=MsoNormal>Actually, it’s an additional five years – the statute of repose is 10 years now.<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><div><DIV
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documents.</P><br><div style='border:none;border-top:solid #B5C4DF 1.0pt;padding:3.0pt 0in 0in 0in'><p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'>From:</span></b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'> constructionlaw-bounces@lists.flabarrpptl.org [mailto:constructionlaw-bounces@lists.flabarrpptl.org] <b>On Behalf Of </b>Weintraub, Lee<br><b>Sent:</b> Monday, August 08, 2011 1:54 PM<br><b>To:</b> RPPTL constructionlaw<br><b>Subject:</b> Re: [RPPTL-constructionlaw] RPPTL: Construction Law Committee-:Surety & Insurance Subcommittee<o:p></o:p></span></p></div></div><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";color:blue'>Yeah, but the tradeoff is the surety loses the additional ten years of exposure for latent defects that it would have faced under 95.11(3)(c) </span><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p></o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><br></span><span style='font-size:10.0pt;font-family:"Arial","sans-serif"'><a href="http://www.floridaconstructionlawauthority.com/"><strong><span style='font-family:"Arial","sans-serif"'>Click here</span></strong></a> to subscribe to our complimentary Florida Construction Law Blog.</span><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'> <o:p></o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p> </o:p></span></p><table class=MsoNormalTable border=1 cellspacing=0 cellpadding=0 style='border-collapse:collapse;border:none'><tr style='height:22.5pt'><td style='border:inset #003768 1.0pt;background:#E7DDBF;padding:3.75pt 3.75pt 3.75pt 3.75pt;height:22.5pt'><p class=MsoNormal align=center style='text-align:center'><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><a href="http://www.becker-poliakoff.com/" target="_blank"><span style='text-decoration:none'><img border=0 width=90 height=37 id="_x0000_i1025" src="cid:image001.gif@01CC55D3.1A6BE200"></span></a><o:p></o:p></span></p></td><td style='border:inset #003768 1.0pt;border-left:none;background:#E7DDBF;padding:3.75pt 3.75pt 3.75pt 3.75pt;height:22.5pt'><p class=MsoNormal style='text-align:justify'><b><span style='font-size:10.0pt;font-family:"Verdana","sans-serif";color:#003768'>Lee A. Weintraub</span></b><span style='color:#003768'><br></span><span style='font-size:8.0pt;font-family:"Verdana","sans-serif";color:#003768'>Board Certified Construction Lawyer</span><o:p></o:p></p></td></tr><tr><td width=100 style='width:75.0pt;border:inset #003768 1.0pt;border-top:none;padding:3.75pt 3.75pt 3.75pt 3.75pt'></td><td valign=top style='border-top:none;border-left:none;border-bottom:inset #003768 1.0pt;border-right:inset #003768 1.0pt;padding:3.75pt 3.75pt 3.75pt 3.75pt'><p class=MsoNormal style='margin-bottom:12.0pt'><span style='font-size:8.0pt;font-family:"Verdana","sans-serif"'>Becker & Poliakoff, P.A.<br>Emerald Lake Corporate Park<br>3111 Stirling Road<br>Fort Lauderdale, FL 33312-6525<br><br>954.985.4147 Phone<br>954.985.4176 Fax<br>LWeintraub@becker-poliakoff.com<br><a href="http://www.becker-poliakoff.com">www.becker-poliakoff.com</a></span><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p></o:p></span></p></td></tr></table><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><br></span><span style='font-size:7.5pt;font-family:"Verdana","sans-serif"'>Our clients' total satisfaction is our #1 priority. The Becker & Poliakoff <strong><span style='font-family:"Verdana","sans-serif"'>Client CARE Center </span></strong>is available for questions, concerns and suggestions. Please contact us at 954.364.6090 or via email at </span><span style='font-size:7.5pt;font-family:"Times New Roman","serif"'><a href="mailto:CARE@becker-poliakoff.com"><span style='font-family:"Verdana","sans-serif"'>CARE@becker-poliakoff.com</span></a></span><span style='font-size:7.5pt;font-family:"Verdana","sans-serif"'>. </span><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p></o:p></span></p><div class=MsoNormal align=center style='text-align:center'><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><hr size=2 width="100%" align=center></span></div><p class=MsoNormal style='margin-bottom:12.0pt'><b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'>From:</span></b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'> constructionlaw-bounces@lists.flabarrpptl.org [mailto:constructionlaw-bounces@lists.flabarrpptl.org] <b>On Behalf Of </b>Gibbons, Michael<br><b>Sent:</b> Monday, August 08, 2011 1:48 PM<br><b>To:</b> RPPTL constructionlaw<br><b>Subject:</b> Re: [RPPTL-constructionlaw] RPPTL: Construction Law Committee -:Surety & Insurance Subcommittee</span><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:12.0pt'><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";color:blue'> If one assumes that Fla. Stat. s. 95.11(2)(b) is the applicable SOL on a claim against a performance bond (as the parties and appellate courts evidently did), then the Federal Insurance decision is understandable. The puzzler for most, however, is why 95.11(2)(b) was utilized by counsel and the courts for SOL analysis when the more specific 95.11(3)(c) exists and also applies.</span><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p></o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'> <o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Arial","sans-serif";color:blue'> One of the notable illogical results of the Federal Insurance decision is that liability on a performance bond for patent defects actually exceeds liability on the underlying construction contract. Assuming that the more specific 4 year SOL applies to an action for breach of contract on a construction contract, the SOL on a patent condition or early manifesting latent condition would expire after 4 years while exposure on a performance bond claim would exist for another year. So, liability on the bond exceeds liability on the underlying construction contract (which turns centuries of surety law on its head).</span><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p></o:p></span></p><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'> <o:p></o:p></span></p><div><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'> <o:p></o:p></span></p></div><p><b>Michael R. Gibbons (<a href="http://lowndes-law.com/our-people/michael-r-gibbons">Bio</a>)<br>Shareholder<br></b><span style='font-size:10.0pt;color:green'>Lowndes, Drosdick, Doster, Kantor & Reed, P.A.<br>450 South Orange Avenue, 8th Floor<br>Orlando, FL 32801<br>Phone: 407-418-6378<br>Fax: 407-843-4444<br>email:</span> <a href="mailto:michael.gibbons@lowndes-law.com"><span style='font-size:10.0pt'>michael.gibbons@lowndes-law.com</span></a><br><span style='font-size:10.0pt;color:green'>website:</span> <a href="http://www.lowndes-law.com/"><span style='font-size:10.0pt'>http://www.lowndes-law.com</span></a><br><br> <img border=0 width=70 height=67 id="_x0000_i1027" src="cid:image002.jpg@01CC55D3.1A6BE200"><o:p></o:p></p><div><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'> <o:p></o:p></span></p></div><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p> </o:p></span></p><div class=MsoNormal align=center style='text-align:center'><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><hr size=2 width="100%" align=center></span></div><p class=MsoNormal style='margin-bottom:12.0pt'><b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'>From:</span></b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'> constructionlaw-bounces@lists.flabarrpptl.org [mailto:constructionlaw-bounces@lists.flabarrpptl.org] <b>On Behalf Of </b>Ty G. Thompson<br><b>Sent:</b> Monday, August 08, 2011 1:09 PM<br><b>To:</b> constructionlaw@lists.flabarrpptl.org<br><b>Subject:</b> [RPPTL-constructionlaw] RPPTL: Construction Law Committee -: Surety & Insurance Subcommittee</span><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p></o:p></span></p><p class=MsoNormal>Hi everyone, <o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>I was on a conference call and couldn’t get off to give the subcommittee report. Since I didn’t have anything to report since last meeting, perhaps this will do. Chris, thank you very much for your presentation and paper!<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><span style='color:black'>Ty G. Thompson<o:p></o:p></span></p><p class=MsoNormal><span style='color:black'>Board Certified Construction Attorney</span> | <span style='color:black'>Mills Paskert Divers</span><o:p></o:p></p><p class=MsoNormal><span style='color:black'>100 North Tampa Street, Suite 2010 | Tampa, Florida 33602</span><o:p></o:p></p><p class=MsoNormal><span style='color:black'>813-769-4802 (direct) | 813-229-3500 (firm) | 813-229-3502 (facsimile)</span><o:p></o:p></p><p class=MsoNormal><a href="blocked::http://www.mpdlegal.com/" title="http://www.mpdlegal.com/"><span style='color:navy'>www.mpdlegal.com</span></a> <o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>Confidentiality Disclaimer: This email message and any attachments are private communications sent by a law firm, Mills Paskert Divers, and may contain confidential or legally privileged information meant solely for the intended recipient. If you are not the intended recipient, you are hereby notified that any use, dissemination, distribution or copying of this communication is strictly prohibited. Please notify the sender immediately by replying to this message, then delete the email and any attachments from your system. Thank you.<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal style='margin-bottom:12.0pt'><span style='font-size:12.0pt;font-family:"Times New Roman","serif"'><o:p> </o:p></span></p><p><b><span style='font-size:9.0pt'>Notice of Confidentiality:</span></b><span style='font-size:9.0pt'> This e-mail communication and the attachment(s) hereto, if any, are intended solely for the information and use of the addressee(s) identified above and may contain information which is legally privileged from disclosure and/or otherwise confidential. 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