Acts and Regulations

2021-81 - General

Full text
Labour and material payment bonds and performance bonds – special purpose entities
10(1)For the purposes of subsection 84(1) of the Act, the amount prescribed is $500,000.
10(2)For the purposes of subparagraphs 84(4)(b)(i) and (ii) of the Act, the contract price amount prescribed is $100,000,000.
10(3)For the purposes of subparagraph 84(4)(b)(ii) of the Act, the coverage limit amount prescribed is $50,000,000.
10(4)For the purposes of subparagraphs 84(5)(b)(i) and (ii) of the Act, the contract price amount prescribed is $100,000,000.
10(5)For the purposes of subparagraph 84(5)(b)(ii) of the Act, the coverage limit amount prescribed is $50,000,000.
Labour and material payment bonds and performance bonds – special purpose entities
10(1)For the purposes of subsection 84(1) of the Act, the amount prescribed is $500,000.
10(2)For the purposes of subparagraphs 84(4)(b)(i) and (ii) of the Act, the contract price amount prescribed is $100,000,000.
10(3)For the purposes of subparagraph 84(4)(b)(ii) of the Act, the coverage limit amount prescribed is $50,000,000.
10(4)For the purposes of subparagraphs 84(5)(b)(i) and (ii) of the Act, the contract price amount prescribed is $100,000,000.
10(5)For the purposes of subparagraph 84(5)(b)(ii) of the Act, the coverage limit amount prescribed is $50,000,000.