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2012 Maine Revised Statutes
TITLE 23: HIGHWAYS
Chapter 305: CONSTRUCTION, MAINTENANCE AND REPAIR
23 §3054. Performance bonds required


23 ME Rev Stat § 3054 (2012 through 125th Legis) What's This?

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.

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