No. 88 CV 1066. November 10, 1992. Buckley, Treacy, Schaffel, Mackey Abate, New York City by George F. Mackey, for plaintiff. Berger, Steingut, Tarnoff Stern, by Harvey Weinig, Goetz, Fitzpatrick Flynn, New York City by Donald J. Carbone, for defendants. MEMORANDUM AND ORDER HURLEY, District Judge. Plaintiff International Paving Systems, Inc. ("IPS") commenced this action against Van-Tulco, Inc. ("Van-Tulco") and the additional defendants, Van-Tulco's sureties on the payment bond which is the subject