Legal Documents of Jefferson City

Code of Jefferson City

Table of Contents » Title 5 Municipal Finance and Taxation » Chapter 5 Purchasing » § 5-510 Performance bond.
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Title 5
5-1
Title 5, Chapter 1
5-101
§ 5-101
Jefferson City
Title 5 : Municipal Finance and Taxation
Chapter 5 : Purchasing

5-510 : Performance bond.

The purchasing agent shall require a performance bond, before entering a contract, in such amount as he shall find reasonably necessary to protect the best interests of the city and furnisher of labor and materials in the penalty of not less than the amount provided in the Tennessee Code Annotated. (1996 Code, § 6-510)