California · Public Contract Code - PCC

PCC §6825: (a) The design-build entity shall provide payment and performance bonds for the project in the form and in the amount required by the transportation entity, and issued by a California admitted surety.

What this law says, in plain English

A design-build entity must provide payment and performance bonds for a project as required by the transportation entity, 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 transportation entity, and issued by a California admitted surety. In no case shall the amount of the payment bond 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.

Verify at the official source: California legislative text

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