Section 22172.1 - [Effective until 1/1/2029] Requirements(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.(c)The local agency shall develop a standard form of payment and performance bond for its design-build projects.Ca. Pub. Cont. Code § 22172.1
Added by Stats 2022 ch 243 (SB 991),s 1, eff. 1/1/2023.