§ 78-55. Contractor executes bond.
Latest version.
No contract shall be entered into for construction work under this article unless the contractor shall give an undertaking with a sufficient surety approved by the council and in an amount fixed by it for the faithful performance of the contract, substantially as required by C.R.S. § 38-26-106, except as herein expressly otherwise provided.
(Code 1981, § 27-56; Ord. No. 551, § 19(G), 5-14-1964)
State law reference
Similar provisions, C.R.S. § 31-25-516; contractor executes bond, C.R.S. § 38-26-106.