Nova Casualty Co. v. United States

OPINION AND ORDER

LETTOW, Judge.

This surety case is before the court for decision on facts stipulated by the parties. The United States Coast Guard (“Coast Guard”) and Eagle Management Enterprises, Inc. (“Eagle”) entered into a contract for the renovation of the Coney Island Light Tower in Brooklyn, New York. As a condition of the contract, Eagle obtained from plaintiff, Nova Casualty Company (“Nova”), performance and payment bonds for the benefit of the United States as obligee. As a result of alleged defaults on the part of Eagle respecting performance of the work and payment of its…