California Public Contract Code 6704 – (a) Any construction manager that is selected to construct a …
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(a) Any construction manager that is selected to construct a project pursuant to this chapter shall possess or obtain sufficient bonding to cover the contract amount for construction services and risk and liability insurance as the department may require.
(b) Any payment or performance bond written for the purposes of this chapter shall be written using a bond form developed by the department.
Terms Used In California Public Contract Code 6704
- Construction manager: means a partnership, corporation, or other legal entity that is a licensed contractor pursuant to Chapter 9 (commencing with Section 7000) of Division 3 of . See California Public Contract Code 6702
- Contract: A legal written agreement that becomes binding when signed.
- Department: means the Department of Transportation as established under Part 5 (commencing with Section 14000) of Division 3 of Title 2 of . See California Public Contract Code 6702
- Project: means the construction of a highway, bridge, or tunnel. See California Public Contract Code 6702
(Added by Stats. 2012, Ch. 752, Sec. 1. (AB 2498) Effective January 1, 2013.)