Section 8-A2527. BONDS, OTHER SECURITY, AND INSURANCE

 

2527.1The provisions of chapter 27 of the D.C. Procurement Regulations shall apply to procurement by the School of Law, except as provided otherwise in this section.

 

2527.2A form of bid security, performance bond, and payment bond shall be required for all construction contracts estimated to exceed one hundred thousand dollars ($100,000). The Director of Procurement may require any of these types of security for construction projects that are less than one hundred thousand dollars ($100,000).

 

2527.3Bonds or other security shall be payable to the School of Law, shall be executed on forms prescribed by the Director of Procurement, and shall be filed with the Director.

 

2527.4The Director of Procurement shall furnish a certified copy of a payment bond or other security to any person making application who submits an affidavit that the person has supplied labor or materials for which payment has not been made, or that the person is being sued on any bond or other security.

 

2527.5A certified copy of the bond or other security shall be prima facie evidence of the contents, execution, and delivery of the bond or other security as applicable.

 

2527.6Applicants shall pay for the certified copies and the fees set by the Director of Procurement to cover the costs of preparation.

 

2527.7Nothing in this section shall prohibit the Director of Procurement from requiring a performance bond or any other type of security, in addition to the types of security described in this section, in circumstances other than those set forth in this section and the DCPR.

 

source

Final Rulemaking published at 35 DCR 5822 (July 29, 1988).