R33-111-304
R33-111-304. Bond Waivers
Cite as Utah Admin. Code R33-111-304
The procurement official may waive any bonding requirement if it is determined in writing by the procurement official that:
(1) bonds cannot reasonably be obtained for the work involved;
(2) the cost of the bond exceeds the risk to the procurement unit; or
(3) bonds are not necessary to protect the interests of the procurement unit.