Pennsylvania § 2105 Bonding and progress payments

Pennsylvania Statutes

§ 2105 — Bonding and progress payments

Pennsylvania § 2105

Title 62PROCUREMENT

PartPART I

Ch. 21SMALL AND DISADVANTAGED BUSINESSES

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Bluebook

62 Pa. Cons. Stat. § 2105 (2026).

Text

(a)Bonding.--Notwithstanding other provisions of this part, a purchasing agency may reduce the level or change the types of bonding normally required or accept alternative forms of security to the extent reasonably necessary to encourage procurement from small and disadvantaged businesses.

(b)Progress payments.--A purchasing agency may make special provisions for progress payments as it deems reasonably necessary to encourage procurement from small and disadvantaged businesses.

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(a) Bonding.--Notwithstanding other provisions of this part, a purchasing agency may reduce the level or change the types of bonding normally required or accept alternative forms of security to the extent reasonably necessary to encourage procurement from small and disadvantaged businesses.

(b) Progress payments.--A purchasing agency may make special provisions for progress payments as it deems reasonably necessary to encourage procurement from small and disadvantaged businesses.