Case ID: so2d_622/html/0192-02.html
Source: Caselaw Access Project
Author: {"author": "PER CURIAM.", "license": "Public Domain", "url": "https://static.case.law/"}
Date Created: 2024-08-24T03:29:51.129683

HARDRIVES COMPANY, INC., Appellant, v. ROBERT F. WILSON, INC. and Woodcraft Industries, Inc., d/b/a Wilson/Woodcraft a joint venture, and Reliance Insurance Company, a Pennsylvania corporation, Appellees.
    No. 92-1603.
    District Court of Appeal of Florida, Fourth District.
    Aug. 18, 1993.
    Kenneth G. Stevens, Fort Lauderdale, for appellant.
    M. Daniel Hughes, Fort Lauderdale, for appellees.
   PER CURIAM.

We reverse the final judgment for failure to award prejudgment interest to Har-drives in its judgment against Reliance Insurance Company, the surety on a labor and material payment bond. Argonaut Ins. Co. v. May Plumbing Co., 474 So.2d 212 (Fla.1985); Zacco Contractors, Inc. v. Irving Trust Co., 488 So.2d 616 (Fla. 3d DCA 1986). The trial court found that Reliance was required by its bond to pay Hardrives on April 8, 1986, 90 days after Hardrives performed the last of its work. The bonding company’s obligation to pay interest on the principal amount of the judgment runs from that date.