FILE:  FGEC

 

SURETY BONDS

 

 

Surety bonds or deposit of money to insure faithful performance shall be required upon signing a contract for the proposed construction of educational facilities.

 

Such bond may be rejected where unsettled claims or complaints exist within 180 days upon completion of the project.

 

 

Ref:     La. Rev. Stat. Ann. ยงยง38:2216, 38:2218, 38:2219

 

Washington Parish School Board