Utah Admin. Code 33-111-304

Current through Bulletin No. 2024-21, November 1, 2024

Section R33-111-304 - Bond Waivers

The procurement official may waive any bonding requirement if it is determined in writing by the procurement official that:

(1) bonds cannot reasonably be obtained for the work involved;

(2) the cost of the bond exceeds the risk to the procurement unit; or

(3) bonds are not necessary to protect the interests of the procurement unit.

Utah Admin. Code R33-111-304

Adopted by Utah State Bulletin Number 2024-21, effective 10/22/2024