Cal. Pub. Contract Code § 10112.4

Current through the 2023 Legislative Session.
Section 10112.4 - [Effective until 1/1/2033] Bond
(a) Any construction manager that is selected to construct a project pursuant to this article shall possess or obtain sufficient bonding to cover the contract amount for construction services and risk and liability insurance as the department may require.
(b) Any payment or performance bond written for the purposes of this article shall be written using a bond form developed by the department.

Ca. Pub. Cont. Code § 10112.4

Added by Stats 2021 ch 247 (SB 626),s 1, eff. 1/1/2022.