(70 ILCS 200/205-70)
Sec. 205-70.
Contracts.
Any contract let for the construction, repair, alteration or improvement
of any building or buildings, the demolition thereof, or removal of debris
resulting therefrom, or any other contract let for any other type of
construction or repair work, shall contain provisions requiring the
contractor or other person, firm or corporation undertaking such work to
give bond in such amount and with such surety, conditioned for the faithful
performance of the contract as the Board of Commissioners may determine.
The Board of Commissioners shall also require such contractor or other
persons, firm or corporation to furnish insurance of a character and amount
to be determined by the Board of Commissioners, protecting the Authority,
its Commissioners, officers, agents, and employees, against any claims for
personal injuries (including death) and property damage that may be
asserted because of the doing of the work.
(Source: P.A. 90-328, eff. 1-1-98.)
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