72-11-104 - Laws applicable to construction contracts and contractor's bonds.

72-11-104. Laws applicable to construction contracts and contractor's bonds.
(1) Construction contracts entered into by the committee under the authority of thischapter shall be governed solely by this chapter, except that they are subject to the approval of theDivision of Facilities Construction and Management.
(2) The provisions of Title 14, Chapter 1, Public Contracts requiring contractor's bondsare expressly made applicable to any construction contract under this chapter when the amount ofthe contract exceeds $1,000.

Amended by Chapter 13, 2001 General Session