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Public Contract Code § 10198.3

‹ § 10198.2§ 10198.4Open in browserleginfo ↗

10198.3.

(a) The design-build entity shall provide payment and performance bonds for the project in the form and in the amount required by the director, and issued by a California admitted surety. The amount of the payment bond shall not be less than the amount of the performance bond.

(b) The design-build contract shall require errors and omissions insurance coverage for the design elements of the project.

(c) The department shall develop a standard form of payment and performance bond for its design-build projects.

(Added by Stats. 2021, Ch. 77, Sec. 26. (AB 137) Effective July 16, 2021.)