Mass. Gen. Laws ch. 40 § 66

Current through Chapters 1 to 249 and Chapters 253 to 255 of the 2024 Legislative Session
Section 40:66 - Contract subject to terms and conditions; bond or other security for obligation of selected offeror

A contract awarded under sections 61 to 69, inclusive, shall be subject to such terms and conditions as the governmental unit shall determine to be in its best interest. The selected offeror shall furnish to the governmental unit performance bonds, payment bonds or other forms of security for the selected offeror's obligations, and insurance, satisfactory to the governmental unit.

Mass. Gen. Laws ch. 40, § 66

Added by Acts 2012, c. 256,§ 1, eff. 11/20/2012.