17 AAC 15.051. Bond

The department will, in its discretion, require a bond or assurance to pay for damage to or repair of a highway or other state property which may result from a permittee's construction along, in, over, or under a department right-of-way. The department will determine the amount and duration of the bond or assurance. The bond form must comply with requirements of the department. The department will, in its discretion, require the permittee's contractor to furnish an indemnification bond secured by cash or other security when it is determined to be in the public interest.

History: Eff. 5/23/82, Register 82

Authority: AS 02.15.020

AS 02.15.102

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