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ND SB2147
Bill
Status
3/30/2017
Primary Sponsor
Jordan Kannianen
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AI Summary
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Amends North Dakota Century Code section 48-01.2-23 to modify bonding requirements for agency construction managers and construction managers at-risk on public improvement projects.
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Clarifies that under an agency construction manager delivery method, each contractor performing services must provide a separate bond for the contractor's portion of the public improvement.
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Under a construction manager at-risk delivery method, prohibits the governing body from requiring each contractor to provide a separate bond for the contractor's portion of the public improvement.
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Maintains bond amount for construction managers at-risk equal to the guaranteed maximum price, with interest requirements and payment provisions for bills and claims not paid within 90 days.
Legislative Description
Bond requirements for public improvements.
Last Action
Signed by Governor 03/29
3/30/2017