At the center of the dispute is a General Agreement of Indemnity for Contractors, or GAI, that the parties entered into in August 2017. Under that agreement, Ohio Casualty – which underwrites surety business as part of the Liberty Mutual Group – issued payment and performance bonds totaling approximately $19.8 million across three construction projects in New York. The largest of the three, the Queensborough Community College Performing Arts Center ADA Reconstruction, carried a bond of $10,824,000. The Baskerville Hall Interior Renovation at City College of New York was bonded at $4,924,000, and the Marshall Lecture Rooms and Bathrooms Renovations at $4,074,000.
