12-4-409 - Bond for compliance.

12-4-409. Bond for compliance.

In all cases where any state agency awards a contract for any state construction project under the provisions of this part, the bond of the contractor or subcontractor shall contain a provision obligating such contractor or subcontractor to a faithful performance of each and every requirement imposed upon such contractor or subcontractor under the terms of this part.

[Acts 1975, ch. 368, § 1; T.C.A., § 12-443.]