Conn. Agencies Regs. § 31-225(i)-1

Current through September 27, 2024
Section 31-225(i)-1 - Payment bond from foreign contractors

Any employer, individual, organization, partnership, corporation or other legal entity who engages, in any manner, in contract construction activities in this state and who has its base of operations and is incorporated in another state, shall furnish to the administrator before beginning any such construction activity, a bond with a surety or sureties satisfactory to the administrator in an amount equal to three percent (3%) of the total amount of the contract work to be performed in Connecticut. The minimum amount of such bond or surety shall be ($100.00) one hundred dollars.

Conn. Agencies Regs. § 31-225(i)-1

Effective January 9, 1981