70398.4. (a) The design-build entity shall provide payment and performance bonds for the project in the form and in the amount required by the Judicial Council, 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 project.(c) The Judicial Council shall develop a standard form of payment and performance bond for its design-build projects.(Added by Stats. 2021, Ch. 79, Sec. 30. (AB 143) Effective July 16, 2021.)
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