The opinion of the court was delivered by MICHELS, P.J.A.D.
Defendant First Indemnity of America Insurance Company appeals from a judgment of the Law Division entered on a molded jury verdict that awarded plaintiff Eagle Fire Protection Corp. damages and interest in the total sum of $69,163.61, under a labor and material payment bond.
On May 8, 1989, 185 Monmouth Parkway Associates (Parkway) entered into a contract with Olsen & Hassold, Inc. (Olsen), a...
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