1. A. Any Contract for Construction of a Water-Related Facility procured through the provisions of this Article, shall contain the following:

   1. 1. Requirement for performance and payment bonds or other security in a manner similar to those required under A.R.S. § 41-2574. The Authority may require performance and payment bonds or other security in amounts greater than those required under A.R.S. § 41-2574.
   2. 2. Requirement for retention of payments by the Authority as insurance for the proper performance of the Contract in a manner similar to that required by A.R.S. § 41-2576. The Authority may require retention in amounts greater than those required by A.R.S. § 41-2576.
   3. 3. Requirement for progress payments made by the Authority to the Contractor in a manner similar to that required under A.R.S. § 41-2577. The Authority may specify a progress payment schedule that differs from that required by A.R.S. § 41-2577.
   4. 4. Provisions similar to those required under A.R.S. § 41-2580. The Authority may specify additional requirements.
2. B. Pursuant to A.R.S. § 41-2501(C), the Authority adopts A.R.S. § 41-2583 for any Contract for Construction of a Water-Related Facility procured through the provisions of this Article.
3. C. The Authority may require that any Construction of a Water-Related Facility be subject to oversight by State of Arizona personnel.

Historical Note

New Section made by final expedited rulemaking at 30 A.A.R. 806 (April 26, 2024), with an immediate effective date of April 3, 2024 (Supp. 24-2).