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Senate Bill 0211


 

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Senate Bill 0211

ARCHIVE (2007)

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DIGEST OF SB211 (Updated April 27, 2007 7:26 pm - DI 84)

Bonds for public works projects. Requires the department of administration to offer instruction at least annually to small businesses, minority business enterprises, and women's business enterprises with regard to bonding requirements and securing bonding for public works projects. Increases the threshold to $200,000 for which bid, performance, and payment bonds are required for public works for state and local projects. Specifies a minimum percentage of retainage that must be withheld by a state agency under a public works contract.
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     Law Enacted
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