RD748 - Performance and Payment Bonds – November 6, 2024


Executive Summary:

Annual report on (i) the number of companies that were unable to procure a performance or payment bond pursuant to subsection H of § 2.2-4337 of the Code of Virginia, (ii) the number of waivers granted by the Department pursuant to subsection H of § 2.2-4337, and (iii) the number of companies that were enrolled in any Department of the Treasury, Division of Risk Management self-bonding program for Department projects.