Section 22180.4 - [Effective Until 1/1/2029] Payment and performance bonds(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 § 22180.4
Added by Stats 2023 ch 310 (SB 617),s 1, eff. 1/1/2024.