A licensed construction manager representative or firm providing public works construction management services shall be required to post a payment and performance bond or bonds in the amount of the total construction management contract to secure the construction manager’s obligations thereunder. A construction manager/general contractor shall provide payment and performance bonds to secure construction of the project in the amounts required in section 54-1926, Idaho Code.
Idaho Code § 54-4512
Requirement of bond
Applied in 2 court decisions — leading case AED, Inc. v. KDC Investments, LLC (2013)
Most recently applied in AED, Inc. v. KDC Investments, LLC (August 2013)
I.C., § 54-4512, as added by 1998, ch. 410, § 1, p. 1267; am. 2014, ch. 132, § 3, p. 367.
Current official text: Idaho Statutes (Idaho Legislature). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Idaho statutes; confirm against the official source for the current text. Not legal advice.