There Is a Newer Version
of
the Maine Revised Statutes
2012 Maine Revised Statutes
TITLE 23: HIGHWAYS
Chapter 305: CONSTRUCTION, MAINTENANCE AND REPAIR
23 §3054. Performance bonds required
Universal Citation:
23 ME Rev Stat § 3054 (2012 through 125th Legis)
Learn more
This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
Part 3: LOCAL HIGHWAY LAW
Subchapter 1: PUBLIC WAYS
§3054. Performance bonds required
No contract shall be awarded unless its faithful performance shall be secured to the State by a bond in penal sum of not less than 20% of the amount of the contract.
Disclaimer: These codes may not be the most recent version. Maine may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.