<?xml version='1.0' encoding='utf-8'?>
<baltimore-city-law heading="Subtitle 24 – Contract Bonding Requirements">
  <section prefix="§" num="24-1" heading="Surety bonds generally.">
    <text>Hereafter, in all cases where any bond shall be taken from any contractor for the execution of any work to be done under and by virtue of any ordinance or resolution of the Mayor and City Council, or by any authority thereof, there shall be inserted in said bond, and as one of the conditions thereof, an express stipulation on the part of such contractor that he will defend, indemnify, and save harmless the Mayor and City Council of Baltimore against any suit or suits, loss, damage, or expense, to which the said Mayor and City Council of Baltimore may be subjected by reason of any default or negligence, want of skill, or care on the part of such contractor, his agent or employees, or of any subcontractor, in or about the performance and execution of said work.</text>
    <annotation type="Prior Codifications">City Code, 1893, art. 1, §59</annotation>
    <annotation type="Prior Codifications">1927, art. 1, §76</annotation>
    <annotation type="Prior Codifications">1950, art. 1, §13</annotation>
    <annotation type="Prior Codifications">1966, art. 1, §15</annotation>
    <annotation type="Prior Codifications">1976/83, art. 1, §18</annotation>
    <annotation type="History">Ord. 1879-052</annotation>
  </section>
  <section prefix="§" num="24-2" heading="Bid bonds.">
    <text>Pursuant to the provisions of &lt;cite data-doc="City of Baltimore, Md., Charter" data-path="VI|§11|(h)"&gt;Article VI, § 11(h) of the City Charter&lt;/cite&gt;, a bidder on a contract for any public work or the purchase of any supplies, materials, equipment, or services for the City or by any municipal agency is required to post a bid bond if the bid is more than $100,000.</text>
    <annotation type="Prior Codifications">City Code, 1976/83, art. 1, §18A(1st par.)</annotation>
    <annotation type="History">Ord. 89-349</annotation>
  </section>
  <section prefix="§" num="24-3" heading="Performance bonds.">
    <text>A contractor on a contract for any public work or the purchase of any supplies, materials, equipment, or services for the City or by any municipal agency is required to post a performance bond if the contract is for more than $100,000.</text>
    <annotation type="Prior Codifications">City Code, 1976/83, art. 1, §18A(2nd par.)</annotation>
    <annotation type="History">Ord. 89-349</annotation>
  </section>
  <section prefix="§" num="24-4" heading="Letters of credit for certain school contracts.">
    <text>When a sole source contract between the City of Baltimore and a vendor to provide instructional, supervisory, or administrative services to the Board of School Commissioners is renegotiated, the vendor shall post an irrevocable letter of credit if the contract is for more than $100,000.</text>
    <annotation type="Prior Codifications">City Code, 1976/83, art. 1, §18B</annotation>
    <annotation type="History">Ord. 95-559</annotation>
  </section>
</baltimore-city-law>
