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2021-81
- General
Section 10
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In force date
2021-11-01
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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.
Show full text at this date
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.
0
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