54-4512 REQUIREMENT OF BOND.

TITLE 54

PROFESSIONS, VOCATIONS, AND BUSINESSES

CHAPTER 45

PUBLIC WORKS CONSTRUCTION MANAGEMENT LICENSING ACT

54-4512. Requirement of bond. A licensed construction manager or firm providing public works construction management services shall be required to post a payment and performance bond or bonds in the amount of the total construction management contract to secure the construction manager’s obligations thereunder.