N.H. school board's decision not to require bond for construction is questioned

08/28/2013 | Valley News (White River Junction, Vt.)

New Hampshire's attorney general has been asked to review a school board's decision to waive a performance-bond requirement for a contractor whose firm is acting as architect and construction manager of an elementary school. The contractor said he can't afford a bond and won't put up his car or home for collateral. He also claimed that requiring the bond could add to the project's cost and delay completion until spring because he would have to subcontract some of the work.

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Valley News (White River Junction, Vt.)

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