SB 211-1_ Filed 03/20/2007, 10:46 Crawford


Text Box


    PREVAILED      Roll Call No. _______
    FAILED        Ayes _______
    WITHDRAWN        Noes _______
    RULED OUT OF ORDER


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HOUSE MOTION ____

]

MR. SPEAKER:

    I move that Engrossed Senate Bill 211 be amended to read as follows:

SOURCE: Page 4, line 19; (07)MO021102.4. -->     Page 4, between lines 19 and 20, begin a new paragraph and insert:
SOURCE: IC 5-16-5.5-3.5; (07)MO021102.7. -->     "SECTION 7. IC 5-16-5.5-3.5 IS AMENDED TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2007]: Sec. 3.5. (a) To determine the amount of retainage to be withheld, a state agency shall elect one (1) of the following options:
        (1) Withhold no more than ten percent (10%) nor less than six percent (6%) of the dollar value of all work satisfactorily completed until the public work is fifty percent (50%) complete, and nothing further after that. or
        (2) Withhold no more than five percent (5%) nor less than three percent (3%) of the dollar value of all work satisfactorily completed until the public work is substantially complete.
    (b) If upon substantial completion of the work there are any remaining uncompleted minor items, an amount computed under section 6 of this chapter shall be withheld until those items are completed.".
SOURCE: Page 11, line 29; (07)MO021102.11. -->     Page 11, line 29, after "(10%)" insert " nor less than six percent (6%)".

    Page 11, line 32, after "(5%)" insert " nor less than three percent (3%)".
    Renumber all SECTIONS consecutively.
    (Reference is to ESB 211 as printed March 16, 2007.)

________________________________________

Representative Crawford


MO021102/DI 14     2007