California · Public Contract Code - PCC

PCC §10209: (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.

What this law says, in plain English

A design-build entity must obtain payment and performance bonds for a project as directed, issued by a California-admitted surety.

Read the full statutory text

(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.

Verify at the official source: California legislative text

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