Effective Jan 1, 2022Added by Stats. 2021, Ch. 247, Sec. 4. (SB 626) Effective January 1, 2022. Repealed as of January 1, 2033, pursuant to Section 10214.
(a) The design-build entity shall provide payment and performance bonds for the project in the form and in the amount required by the director, 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 department shall develop a standard form of payment and performance bond for its design-build projects.