Sec. 2. (a) Subject to this article, the CMc contract must require the CMc to provide payment and performance bonds in an amount not less than the estimated construction costs of the project or the GMP, as provided by the RFP.
(b) Construction may not be performed until the CMc has provided the bonds for that construction as required in the RFP and IC 5-32-6.
As added by P.L.128-2014, SEC.1.