We are on the verge of passing legislation that will authorize CM at Risk and Design-Build project delivery for public projects. Our Agency CMs and the sureties are on different sides of what the level of the penal sum should be and whether dual-obligee bonds for subcontractors should cover a portion of the cost of the work.
I know for certain that we are not inventing something new here. What are the statutory and regulative requirements for other states and public agencies? Thanks!
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Lane Beougher AIA
State Architect
Office of the State Architect (Ohio)
Columbus OH
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