The CPO shall issue rules pursuant to § 2-361.06 to require performance bonds, payment bonds, letters of credit, or other forms of security for non-construction service contract prime contractors in cases in which such security may be effective in furthering the District's interests or such security may assist subcontractors doing business under a prime contract to receive payment for goods or services.
(Apr. 8, 2011, D.C. Law 18-371, § 702a; as added Oct. 8, 2016, D.C. Law 21-158, § 3(o), 63 DCR 10752.)
For temporary (90 days) creation of this section, see § 3(n) of Procurement Integrity, Transparency, and Accountability Emergency Amendment Act of 2016 (D.C. Act 21-504, Oct. 13, 2016, 63 DCR 12942).
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