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C-65.1, r. 5 - Regulation respecting construction contracts of public bodies
FrançaisArticle 11
Versions de la disposition
11. Despite the second paragraph of section 10, tender security must be required by a public body if the estimated amount of the contract is $2,000,000 or more.
In that case, the contractor must also provide, prior to the signing of the contract, performance security and security for the contractor’s obligations with respect to wages, materials and services.
11. Tender security is required by a public body if the estimated amount of the contract is equal to or greater than $500,000, and may be required in all other cases.
Where tender security is required, the contractor must also provide, prior to the signing of the contract, performance security and security for the contractor’s obligations with respect to wages, materials and services.
