A. The design-build entity shall provide payment and performance bonds for the Public Works Project in the form and in the amount required by the City, 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 Public Works Project.
C. The Procurement Agent shall develop a standard form of payment and performance bond for its design-build Public Works Projects
(Ord. MC-1423, 7-05-16)