Section 466 - Bonding Requirements(a) Grantees are required to obtain and send annually to the DOJ a notarized copy of a blanket fidelity bond or equivalent insurance contract applicable to all grant-related personnel and/or subcontractors of the DOJ-funded project.(b) The bond must be sent to the DOJ prior to project implementation.(c) The "State of California, Department of Justice" must be named as the beneficiary on the bond or endorsement.(d) The bond must be in effect and provide protection to the DOJ, without interruption, during the entire grant period, including any applicable extensions.(e) The bond must be in an amount equal to 50 percent of the total grant award and have a deductible not to exceed $1,000.(f) The bond must be accompanied by proof of payment, which includes the bonding company name, bond number, description and amount of coverage, and the effective date of the bond.Cal. Code Regs. Tit. 11, § 466
1. New section filed 5-6-2002 as an emergency; operative 5-6-2002 (Register 2002, No. 19). A Certificate of Compliance must be transmitted to OAL by 9-3-2002 or emergency language will be repealed by operation of law on the following day.
2. Certificate of Compliance as to 5-6-2002 order transmitted to OAL by 8-30-2002 and filed 10-10-2002 (Register 2002, No. 41). Note: Authority cited: Section 13825.3(c), Penal Code. Reference: Sections 13825.4 and 13825.5, Penal Code.
1. New section filed 5-6-2002 as an emergency; operative 5-6-2002 (Register 2002, No. 19). A Certificate of Compliance must be transmitted to OAL by 9-3-2002 or emergency language will be repealed by operation of law on the following day.
2. Certificate of Compliance as to 5-6-2002 order transmitted to OAL by 8-30-2002 and filed 10-10-2002 (Register 2002, No. 41).