California Public Contract Code 10209 – (a) The design-build entity shall provide payment and …
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(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.
Terms Used In California Public Contract Code 10209
- Contract: A legal written agreement that becomes binding when signed.
- project: includes the erection, construction, alteration, repair, or improvement of any state structure, building, road, or other state improvement of any kind that will exceed a total cost calculated pursuant to subdivision (b). See California Public Contract Code 10105
(c) The department shall develop a standard form of payment and performance bond for its design-build projects.
(Added by Stats. 2021, Ch. 247, Sec. 4. (SB 626) Effective January 1, 2022. Repealed as of January 1, 2033, pursuant to Section 10214.)