GroundRules
IC 5-32-4-2: CMc to provide payment and performance bonds; construction may not proceed without bonds
Where this section sits in the code
- TITLE 5. STATE AND LOCAL ADMINISTRATION
- ARTICLE 32. EMPLOYMENT OF CONSTRUCTION MANAGERS AS CONSTRUCTORS FOR PROJECTS
- Chapter 4. CMc Contract
Sec. 2. (a) Subject to this article, the CMc contract must require the CMc to provide payment and performance bonds in an amount not less than the estimated construction costs of the project or the GMP, as provided by the RFP.
(b) Construction may not be performed until the CMc has provided the bonds for that construction as required in the RFP and IC 5-32-6.
Collected 2026-09-02T16:11:39Z. Source file · JSON