Colorado § 24-91-102 - Definitions.
Full text of Colorado Colorado Revised Statutes § 24-91-102 — Definitions., with citation guidance and answers to common questions.
§ 24-91-102. Definitions.
As used in this article, unless the context otherwise requires:
(1) "Acceptable securities" means:
(a) United States bonds, United States treasury notes, or United States treasury bills;
(b) General obligation or revenue bonds of this state;
(c) General obligation or revenue bonds of any political subdivision of this state;
(d) Certificates of deposit from a state or national bank or a savings and loan association insured by the federal deposit insurance corporation or its successor and having its principal office in this state.
(1.5) "Construction" includes the terms capital construction, capital renewal, and controlled maintenance as defined in section 24-30-1301.
(2) "Contractor" means any person, company, firm, or corporation which is a party to a contract with a public entity to construct, erect, alter, install, or repair any highway, public building, public work, or public improvement, structure, or system.
(3) "Public entity" means this state or a county, city, city and county, town, or district, including any political subdivision thereof.
(4) "Subcontractor" means and includes any person, company, firm, or corporation which is a party to a contract with a contractor to construct, erect, alter, install, or repair any highway, public building, public work, or public improvement, structure, or system and which, in connection therewith, furnishes and performs on-site labor with or without furnishing materials.
(5) "Substantial completion" means the date when the construction is sufficiently complete, in accordance with the contract documents, as modified by any change orders agreed to by the parties, so that the work or designated portion thereof is available for use by the owner.
Source: L. 79: Entire article added, p. 995, § 1, effective July 1. L. 84: (1)(d) amended, p. 741, § 1, effective February 23. L. 86: (1)(d) amended, p. 971, § 1, effective July 1. L. 2004: (1)(d) amended, p. 155, § 70, effective July 1. L. 2014: (1.5) added, (HB 14-1387), ch. 378, p. 1851, § 57, effective June 6.
Cross references: For the legislative declaration in HB 14-1387, see section 1 of chapter 378, Session Laws of Colorado 2014.
Frequently Asked Questions About Colorado § 24-91-102
What does Colorado Revised Statutes § 24-91-102 cover?
Section 24-91-102 ("Definitions.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 24-91-102?
A common citation format is "Colorado Revised Statutes § 24-91-102" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 24-91-102 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
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