Ever since I read the D.C. Green Building Act and its “performance bond” requirement, I have been morbidly interested in the idea of LEED bonds. When Kristen Bradley, at SuretyBonds.com, offered to write an article on the topic, I couldn’t help but say yes. SuretyBonds.com, a nationwide surety bond producer, works with a number of construction companies … Continue Reading
I recently had the pleasure of sitting down with Chris Birk of Surety Bonds Insider to discuss surety issues and the green building industry, particularly related to the D.C. Green Building Act. As a quick reset, the D.C. Green Building Act of 2006 requires owners put up "performance bonds" that guarantee LEED certification for certain projects. … Continue Reading
In December 2009, an Amendment to the D.C. Green Building Act of 2006 was introduced by the D.C. Council. Labeled the "Green Building Technical Corrections, Clarification, and Revision Amendment Act of 2009," this Amendment includes many revisions to the original Green Building Act. One of those revisions involves the "performance bond" requirement: "’Sec. 6. Bond … Continue Reading
Back in April 2009, I took a vow of silence. I promised to stop writing about the "performance bond" requirement in the D.C. Green Building Act. I had faith the D.C. Council would address the issue. Thankfully, it appears our long nightmare may be coming to an end. Today, I am going to reset the … Continue Reading
If you have been paying attention to Green Building Law Update, you know D.C. has a bit of an issue regarding a green building "performance bond" currently required by law. In short, green building "performance bonds" do not exist. A few weeks ago, George Hawkins, Director of the District Department of the Environment, testified in … Continue Reading
I am very excited for an event taking place today: the Public Oversight Roundtable on Green Building Practices hosted by the Council of D.C. Committee on Government Operations and the Environment. As you may recall, Green Building Law Update has repeatedly discussed the "performance bond" requirement of the D.C. Green Building Act . As currently … Continue Reading
