Richmond |
Code of Ordinances |
Chapter 21. PUBLIC PROCUREMENT |
Article II. CONTRACT FORMATION AND METHODS OF SOURCE SELECTION |
§ 21-64. Action on performance bond.
No action against the surety on a performance bond given pursuant to this article shall be brought unless within one year after:
(1)
Completion of the contract, including the expiration of all warranties and guaranties; or
(2)
Discovery of the defect or breach of warranty, if the action is for such.
(Code 1993, § 22.1-58; Code 2004, § 74-68)
State Law reference— Similar provisions, Code of Virginia, § 2.2-4340.
(Code 1993, § 22.1-58; Code 2004, § 74-68)
State law reference
Similar provisions, Code of Virginia, § 2.2-4340.