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<DIV align=left dir=ltr><SPAN class=973055917-08082011><FONT color=#0000ff face=Arial size=2>You're right and I knew that. Just mathematical
error. You get the point though.</FONT></SPAN></DIV><BR>
<DIV align=left class=OutlookMessageHeader dir=ltr lang=en-us>
</DIV><BR>
<TABLE BORDER="1" BORDERCOLOR="#003768" CELLPADDING="5" CELLSPACING="0" FRAME="box" RULES="none" STYLE="BORDER-COLLAPSE: collapse">
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<TD ALIGN="middle" BGCOLOR="#e7ddbf" HEIGHT="30" VALIGN="center"><A HREF="http://www.becker-poliakoff.com/" TARGET="_blank"><IMG BORDER="0" HEIGHT="37" SRC="cid:image9d2053.gif@bdf1e6c8.8fc24cda" WIDTH="90"></A></TD>
<TD ALIGN="left" BGCOLOR="#e7ddbf" HEIGHT="30" VALIGN="center">
<P CLASS="MsoNormal" STYLE="TEXT-ALIGN: justify"><FONT COLOR="#003768"><B><SPAN STYLE="FONT-SIZE: 10pt; FONT-FAMILY: Verdana">Lee A. Weintraub</SPAN></B><BR><SPAN STYLE="FONT-SIZE: 8pt; FONT-FAMILY: Verdana">Board Certified Construction Lawyer<BR></SPAN></FONT></P></TD></TR>
<TR>
<TD WIDTH="100"></TD>
<TD ALIGN="left" VALIGN="top"><SPAN STYLE="FONT-SIZE: 8pt; FONT-FAMILY: Verdana">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<A></A><BR><a href="http://www.becker-poliakoff.com">www.becker-poliakoff.com</a><BR></SPAN><BR></TD></TR></TBODY></TABLE><DIV align=left class=OutlookMessageHeader dir=ltr lang=en-us></DIV><BR><FONT FACE="Verdana" SIZE="1">Our clients' total satisfaction is our #1 priority. </FONT><FONT SIZE="1"><FONT SIZE="1"><FONT FACE="Verdana">The Becker & Poliakoff <STRONG>Client CARE Center </STRONG>is available for questions, concerns and suggestions. Please contact us at 954.364.6090 or via email at </FONT><A HREF="mailto:CARE@becker-poliakoff.com"><FONT FACE="Verdana">CARE@becker-poliakoff.com</FONT></A><FONT FACE="Verdana">. </FONT></FONT><BR></FONT><DIV align=left class=OutlookMessageHeader dir=ltr lang=en-us><HR tabIndex=-1></DIV><DIV align=left class=OutlookMessageHeader dir=ltr lang=en-us></DIV><DIV align=left class=OutlookMessageHeader dir=ltr lang=en-us>
<FONT face=Tahoma size=2><B>From:</B>
constructionlaw-bounces@lists.flabarrpptl.org
[mailto:constructionlaw-bounces@lists.flabarrpptl.org] <B>On Behalf Of </B>Reese
J. Henderson, Jr.<BR><B>Sent:</B> Monday, August 08, 2011 1:57 PM<BR><B>To:</B>
RPPTL constructionlaw<BR><B>Subject:</B> Re: [RPPTL-constructionlaw] RPPTL:
Construction LawCommittee-:Surety & Insurance
Subcommittee<BR></FONT><BR></DIV>
<DIV></DIV>
<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 style="BORDER-LEFT: #000000 1px solid; PADDING-BOTTOM: 0px; MARGIN: 0px; PADDING-LEFT: 0px; PADDING-RIGHT: 0px; PADDING-TOP: 0px">
<DIV style="BORDER-BOTTOM: #000000 1px solid; PADDING-BOTTOM: 5px; MARGIN: 0px; PADDING-LEFT: 0px; WIDTH: 487px; PADDING-RIGHT: 0px; HEIGHT: auto; PADDING-TOP: 0px">
<P style="PADDING-BOTTOM: 0px; MARGIN: 0px; PADDING-LEFT: 10px; PADDING-RIGHT: 0px; FONT-FAMILY: Times New Roman; FONT-SIZE: 12px; PADDING-TOP: 0px"><STRONG><FONT size=3>Reese J. Henderson, Jr.</FONT></STRONG></P>
<P style="PADDING-BOTTOM: 0px; MARGIN: 0px; PADDING-LEFT: 10px; PADDING-RIGHT: 0px; FONT-FAMILY: Times New Roman; FONT-SIZE: 12px; PADDING-TOP: 0px">Board
Certified Construction Attorney </P></DIV>
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<P><IMG alt height=78 src="cid:973055917@08082011-0A40" width=331></P>
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Peninsular Place<BR>Jacksonville, Florida 32204<BR><BR>Phone (904)
354-5200<BR>Facsimile (904) 354-5256<BR><A href="mailto:%5Be-mail%5D">Reese.Henderson@atritt.com </A><BR><A href="http://www.tritthenderson.com/">www.tritthenderson.com</A></SPAN></P></TD>
<TD>
<P align=center> <IMG height=123 src="cid:973055917@08082011-0A47" width=94></P></TD></TR></TBODY></TABLE>
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NOTICE: The information and all attachments contained in this electronic
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<DIV style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; PADDING-BOTTOM: 0in; PADDING-LEFT: 0in; PADDING-RIGHT: 0in; BORDER-TOP: #b5c4df 1pt solid; BORDER-RIGHT: medium none; PADDING-TOP: 3pt">
<P class=MsoNormal><B><SPAN style="FONT-FAMILY: 'Tahoma','sans-serif'; FONT-SIZE: 10pt">From:</SPAN></B><SPAN style="FONT-FAMILY: 'Tahoma','sans-serif'; FONT-SIZE: 10pt">
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-FAMILY: 'Arial','sans-serif'; COLOR: blue; FONT-SIZE: 10pt">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-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 12pt"><o:p></o:p></SPAN></P>
<P class=MsoNormal><SPAN style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 12pt"><o:p> </o:p></SPAN></P>
<P class=MsoNormal><SPAN style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 12pt"><BR></SPAN><SPAN style="FONT-FAMILY: 'Arial','sans-serif'; FONT-SIZE: 10pt"><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-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 12pt">
<o:p></o:p></SPAN></P>
<P class=MsoNormal><SPAN style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 12pt"><o:p> </o:p></SPAN></P>
<TABLE border=1 cellPadding=0 cellSpacing=0 class=MsoNormalTable style="BORDER-BOTTOM: medium none; BORDER-LEFT: medium none; BORDER-COLLAPSE: collapse; BORDER-TOP: medium none; BORDER-RIGHT: medium none">
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<P align=center class=MsoNormal style="TEXT-ALIGN: center"><SPAN style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 12pt"><A href="http://www.becker-poliakoff.com/" target=_blank><SPAN style="TEXT-DECORATION: none"><IMG border=0 height=37 id=_x0000_i1025 src="cid:973055917@08082011-0A4E" width=90></SPAN></A><o:p></o:p></SPAN></P></TD>
<TD style="BORDER-BOTTOM: #003768 1pt inset; BORDER-LEFT: medium none; PADDING-BOTTOM: 3.75pt; PADDING-LEFT: 3.75pt; PADDING-RIGHT: 3.75pt; BACKGROUND: #e7ddbf; HEIGHT: 22.5pt; BORDER-TOP: #003768 1pt inset; BORDER-RIGHT: #003768 1pt inset; PADDING-TOP: 3.75pt">
<P class=MsoNormal style="TEXT-ALIGN: justify"><B><SPAN style="FONT-FAMILY: 'Verdana','sans-serif'; COLOR: #003768; FONT-SIZE: 10pt">Lee
A. Weintraub</SPAN></B><SPAN style="COLOR: #003768"><BR></SPAN><SPAN style="FONT-FAMILY: 'Verdana','sans-serif'; COLOR: #003768; FONT-SIZE: 8pt">Board
Certified Construction Lawyer</SPAN><o:p></o:p></P></TD></TR>
<TR>
<TD style="BORDER-BOTTOM: #003768 1pt inset; BORDER-LEFT: #003768 1pt inset; PADDING-BOTTOM: 3.75pt; PADDING-LEFT: 3.75pt; WIDTH: 75pt; PADDING-RIGHT: 3.75pt; BORDER-TOP: medium none; BORDER-RIGHT: #003768 1pt inset; PADDING-TOP: 3.75pt" width=100></TD>
<TD style="BORDER-BOTTOM: #003768 1pt inset; BORDER-LEFT: medium none; PADDING-BOTTOM: 3.75pt; PADDING-LEFT: 3.75pt; PADDING-RIGHT: 3.75pt; BORDER-TOP: medium none; BORDER-RIGHT: #003768 1pt inset; PADDING-TOP: 3.75pt" vAlign=top>
<P class=MsoNormal style="MARGIN-BOTTOM: 12pt"><SPAN style="FONT-FAMILY: 'Verdana','sans-serif'; FONT-SIZE: 8pt">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-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 12pt"><o:p></o:p></SPAN></P></TD></TR></TBODY></TABLE>
<P class=MsoNormal><SPAN style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 12pt"><BR></SPAN><SPAN style="FONT-FAMILY: 'Verdana','sans-serif'; FONT-SIZE: 7.5pt">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-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 7.5pt"><A href="mailto:CARE@becker-poliakoff.com"><SPAN style="FONT-FAMILY: 'Verdana','sans-serif'">CARE@becker-poliakoff.com</SPAN></A></SPAN><SPAN style="FONT-FAMILY: 'Verdana','sans-serif'; FONT-SIZE: 7.5pt">. </SPAN><SPAN style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 12pt"><o:p></o:p></SPAN></P>
<DIV align=center class=MsoNormal style="TEXT-ALIGN: center"><SPAN style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 12pt">
<HR align=center SIZE=2 width="100%">
</SPAN></DIV>
<P class=MsoNormal style="MARGIN-BOTTOM: 12pt"><B><SPAN style="FONT-FAMILY: 'Tahoma','sans-serif'; FONT-SIZE: 10pt">From:</SPAN></B><SPAN style="FONT-FAMILY: 'Tahoma','sans-serif'; FONT-SIZE: 10pt">
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-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 12pt"><o:p></o:p></SPAN></P>
<P class=MsoNormal style="MARGIN-BOTTOM: 12pt"><SPAN style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 12pt"><o:p> </o:p></SPAN></P>
<P class=MsoNormal><SPAN style="FONT-FAMILY: 'Arial','sans-serif'; COLOR: blue; FONT-SIZE: 10pt">
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-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 12pt"><o:p></o:p></SPAN></P>
<P class=MsoNormal><SPAN style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 12pt"> <o:p></o:p></SPAN></P>
<P class=MsoNormal><SPAN style="FONT-FAMILY: 'Arial','sans-serif'; COLOR: blue; FONT-SIZE: 10pt">
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-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 12pt"><o:p></o:p></SPAN></P>
<P class=MsoNormal><SPAN style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 12pt"> <o:p></o:p></SPAN></P>
<DIV>
<P class=MsoNormal><SPAN style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 12pt"> <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="COLOR: green; FONT-SIZE: 10pt">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: 10pt">michael.gibbons@lowndes-law.com</SPAN></A><BR><SPAN style="COLOR: green; FONT-SIZE: 10pt">website:</SPAN> <A href="http://www.lowndes-law.com/"><SPAN style="FONT-SIZE: 10pt">http://www.lowndes-law.com</SPAN></A><BR><BR>
<IMG border=0 height=67 id=_x0000_i1027 src="cid:973055917@08082011-0A55" width=70><o:p></o:p></P>
<DIV>
<P class=MsoNormal><SPAN style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 12pt"> <o:p></o:p></SPAN></P></DIV>
<P class=MsoNormal><SPAN style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 12pt"><o:p> </o:p></SPAN></P>
<DIV align=center class=MsoNormal style="TEXT-ALIGN: center"><SPAN style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 12pt">
<HR align=center SIZE=2 width="100%">
</SPAN></DIV>
<P class=MsoNormal style="MARGIN-BOTTOM: 12pt"><B><SPAN style="FONT-FAMILY: 'Tahoma','sans-serif'; FONT-SIZE: 10pt">From:</SPAN></B><SPAN style="FONT-FAMILY: 'Tahoma','sans-serif'; FONT-SIZE: 10pt">
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-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 12pt"><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>
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<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>
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| Tampa, Florida 33602</SPAN><o:p></o:p></P>
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