(a) The design-build entity shall provide payment and performance bonds for the project in the form and in the amount required by the local agency, 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.

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Terms Used In California Public Contract Code 22180.4

  • Contract: A legal written agreement that becomes binding when signed.

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

(Added by Stats. 2023, Ch. 310, Sec. 1. (SB 617) Effective January 1, 2024. Repealed as of January 1, 2029, pursuant to Section 22180.11)