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California Public Contract Code

§ 10192

PCC § 10192 Effective Jan 1, 2015Div. 2 · Part 2 · Ch. 1 · Art. 6
(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.

Legislative history

Added by Stats. 2014, Ch. 931, Sec. 6. (SB 785) Effective January 1, 2015.

Source: California Public Contract Code § 10192 from the California Legislative Information (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.