Missouri Court of Appeals March 3, 1998, WD 52572, WD 52622 and WD 52661 (Miller-Stauch Construction Co. v. Williams-Bungart Electric, Inc.)

HOWARD, Presiding Judge.

A surety appeals from a judgment in an action involving a performance bond issued by the surety for a construction project. The International Fidelity Insurance Co. (“IFIC”) contends that the trial court erred by holding that the general contractor had the right to offset funds retained under a bonded subcontract against losses sustained on an unbonded purchase order.