Performance and Payment Bond

22 GCA § 7122, under Employment Service Law.

22 GCA § 7122

The Department of Labor shall require from all H-2 employers a performance and payment bond equivalent to four percent (4%) of the gross cost of the project to guaranty payment of wages and other incidental costs related to wages. SOURCE: GC § 44021, as added by P.L. 18-048:7 (Jan. 2, 1987).