Oregon Statutes
§ 552.428 — Letting construction contract; contractor’s bond or letter of credit
Oregon § 552.428
JurisdictionOregon
Vol.15
Title 45Water Resources; Irrigation, Drainage, Flood Control, Reclamation
Ch. 552Water Improvement Districts
This text of Oregon § 552.428 (Letting construction contract; contractor’s bond or letter of credit) is published on Counsel Stack Legal Research, covering Oregon primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Or. Rev. Stat. § 552.428 (2026).
Text
After advertising for bids, the board shall let a contract for construction of the whole or any part of the project to the lowest responsible bidder; or the board may reject any or all bids and readvertise; or it may construct the project under its own superintendence. Good and sufficient bond, or an irrevocable letter of credit issued by an insured institution as defined in ORS 706.008 running in favor of the district, shall be required of each contractor, conditioned that the contractor will well and truly comply with all the provisions of the contract and perform all work in accordance with the terms thereof.
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Related
§ 706.008
Oregon § 706.008
Legislative History
1969 c.606 §37; 1991 c.331 §81; 1997 c.631 §491
Nearby Sections
15
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Bluebook (online)
Oregon § 552.428, Counsel Stack Legal Research, https://law.counselstack.com/statute/or/552.428.