Large public works contracts; requirements for bid bonds; withdrawal of bid

Alternatives to bid bond. ‘‘Bid’’ and ‘‘bidder’’ defined; appreciable errors in calculation of bids; withdrawing bids. Affiliated corporations. Maintenance of action on bid bond by obligee. Part 3 Performance Bonds 13-10-40. 13-10-41. 13-10-42. Part 4 13-10-81. 13-10-83. Definitions; contract requirements; application; effect of greater benefits contracted for; evidence of indebtedness paid. Authorization and procedure for retention of contractual payments by state or political subdivisions; procedure for final payment. Authorization and procedure for creation and maintenance of escrow accounts by state or political subdivisions. Construction of provisions of article. Article 3 Security and Immigration Compliance 13-10-90. 13-10-91. Payment Bonds 13-10-60. 13-10-80. 13-10-82. Large public works contracts; requirement for performance bond. Alternatives to performance bond. Maintenance of action on performance bond by obligee. Liability of contracting entity for failure to comply with article. Notice of commencement. Pursuit of action by person entitled to protection of payment bond; liability of public entity. Supplying copy of bond or security deposit agreement and contract; fees for certified copies. Time for instituting action. Large public works contracts; requirement for payment bonds. 599 Definitions. Verification of new employee eligibility; applicability; rules and regulations. T.13, C.10 CONTRACTS 13-10-1