Rhode Island § 37-13-14 § 37-13-14. Contractor's bond.

Rhode Island Statutes

§ 37-13-14 — § 37-13-14. Contractor's bond.

Rhode Island·Title 37 Public Property and Works·Ch. 37-13 Labor and Payment of Debts by Contractors

§ 37-13-14. Contractor's bond.
The state or any city, town, agency, or committee therein awarding contracts for public
            works shall require the contractor awarded a contract with a contract price in excess
            of fifty thousand dollars ($50,000) for public works to file with the proper authority
            good and sufficient bond with surety furnished by any surety company authorized to
            do business in the state, conditioned upon the faithful performance of the contract
            and upon the payment for labor performed and material furnished in connection therewith,
            a bond to contain the terms and conditions set forth in chapter 12 of this title,
            and to be subje

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§ 37-13-14. Contractor's bond.

The state or any city, town, agency, or committee therein awarding contracts for public works shall require the contractor awarded a contract with a contract price in excess of fifty thousand dollars ($50,000) for public works to file with the proper authority good and sufficient bond with surety furnished by any surety company authorized to do business in the state, conditioned upon the faithful performance of the contract and upon the payment for labor performed and material furnished in connection therewith, a bond to contain the terms and conditions set forth in chapter 12 of this title, and to be subject to the provisions of that chapter. Waiver of the bonding requirements of this section is expressly prohibited.

Rhode Island § 37-13-14 (§ 37-13-14. Contractor's bond.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

G.L. 1938, ch. 290, § 13; P.L. 1955, ch. 3580, § 1; G.L. 1956, § 37-13-13; P.L. 1965, ch. 77, § 1; G.L. 1956, § 37-13-14; P.L. 1974, ch. 237, § 1; P.L. 1988, ch. 449, § 16; P.L. 1994, ch. 384, § 1; P.L. 1999, ch. 367, § 3; P.L. 2009, ch. 354, § 3.