1. (a) This subtitle does not limit the authority of a public body to require performance security in addition to, or in cases other than, those specified under §§ 17-103, 17-104, 17-106, and 17-107 of this subtitle.
2. (b) This subtitle applies only to security for a construction contract.

3. (c)

   1. (1) By ordinance, Baltimore City may provide for a program to satisfy the bonding requirements under §§ 17-103, 17-104, 17-106, and 17-107 of this subtitle with respect to any construction contract:

      1. (i) that does not exceed $200,000; and
      2. (ii) for which State money is not used.
   2. (2) The program shall provide for payment security of at least 50% of the total amount payable under the contract.

Added by Acts 1988, c. 48, § 2, eff. Oct. 1, 1988. Amended by Acts 1998, c. 636, § 1, eff. Oct. 1, 1998.