Colorado § 18-8-408 Designation of insurer prohibited

Colorado Statutes

§ 18-8-408 — Designation of insurer prohibited

Colorado·Title 18 Criminal·Art. Offenses - Governmental Operations

(1)No public servant shall, directly or indirectly, require or direct a bidder on any public building or construction contract which is about to be or has been competitively bid to obtain from a particular insurer, agent, or broker any surety bond or contract of insurance required in such bid or contract or required by any law, ordinance, or regulation.

(2)Any such public servant who violates any of the provisions of subsection

(1)of this section commits a civil infraction.

(3)Any provisions in invitations to bid or in any contract documents prohibited by this section are declared void as against the public policy of this state.

(4)Nothing in this section shall be construed to prevent any such public servant acting on behalf of the government from exercising the right to ap

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(1) No public servant shall,
directly or indirectly, require or direct a bidder on any public building or
construction contract which is about to be or has been competitively bid to obtain
from a particular insurer, agent, or broker any surety bond or contract of insurance
required in such bid or contract or required by any law, ordinance, or regulation.

(2) Any such public servant who violates any of the provisions of subsection
(1) of this section commits a civil infraction.

(3) Any provisions in invitations to bid or in any contract documents
prohibited by this section are declared void as against the public policy of this
state.

(4) Nothing in this section shall be construed to prevent any such public
servant acting on behalf of the government from exercising the right to approve or
reject a surety bond or contract of insurance as to its form or sufficiency or the lack
of financial capability of an insurer selected by a bidder.

(5) This section shall apply only to contracts entered into on or after July 1,
1977.

Colorado § 18-8-408 (Designation of insurer prohibited) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Source: L. 77: Entire section added, p. 989, � 1, effective May 26. L. 2021: (2) amended, (SB 21-271), ch. 462, p. 3200, � 299, effective March 1, 2022.