The CPO shall issue rules pursuant to § 2-361.06 to require performance bonds, payment bonds, letters of credit, or other forms of security for non-construction service contract prime contractors in cases in which such security may be effective in furthering the District's interests or such security may assist subcontractors doing business under a prime contract to receive payment for goods or services.
(Apr. 8, 2011, D.C. Law 18-371, § 702a; as added Oct. 8, 2016, D.C. Law 21-158, § 3(o), 63 DCR 10752.)
For temporary (90 days) creation of this section, see § 3(n) of Procurement Integrity, Transparency, and Accountability Emergency Amendment Act of 2016 (D.C. Act 21-504, Oct. 13, 2016, 63 DCR 12942).
Structure District of Columbia Code
Title 2 - Government Administration
Chapter 3A - Government Procurement
Subchapter VII - Bonds and Other Forms of Security
§ 2–357.01. Bid security in construction contracts
§ 2–357.02. Contract performance and payment bonds in construction contracts
§ 2–357.02a. Security in non-construction service contracts
§ 2–357.03. Bond forms and copies
§ 2–357.04. Other forms of security