Chapter 15.12CONTRACTORS’ BONDS

Sections:

15.12.010
Statutes adopted.
15.12.020
Bonds payable to city.
15.12.030
Maintenance bond.
15.12.010Statutes adopted.

The provisions of Chapter 39.08 of the Revised Code of Washington have been filed in triplicate with the city clerk and are adopted by reference into this chapter and shall hereafter be in effect in the city in the same manner as if they were fully set out in this chapter.

(Ord. 691 § 1, 1975)

15.12.020Bonds payable to city.

All contractors’ bonds given to the city in connection with any project to be performed for the city shall be payable to the city.

(Ord. 691 § 2, 1975)

15.12.030Maintenance bond.

Performance and payment bonds furnished by any contractor to the city shall comply with the requirements of RCW Chapter 39.08. In addition, the city may require the furnishing by the contractor of a maintenance bond in the sum of at least twenty percent of the total contract price with a corporate surety approved by the city, before final payment is made to the contractor, the bond to guarantee the repair of all damage due to faulty materials and equipment and workmanship provided or done by the contractor for the city, and to remain in effect for a period of one year after date of final acceptance of the project by the city.