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Bill Detail: HB18-1383

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Title Bonding Requirements For Public Projects Using Private Financing
Status Introduced In House - Assigned to Business Affairs and Labor (04/12/2018)
Bill Subjects
  • Local Government
  • State Government
House Sponsors F. Winter (D)
Senate Sponsors K. Priola (R)
House Committee Business Affairs & Labor
Senate Committee
Date Introduced 04/12/2018
Description

Pursuant to current law, when a person, company, firm,
corporation, or contractor (contractor) enters into a contract with certain
governmental entities or governmental bodies to perform work in
connection with certain projects, the contractor is required to execute
performance bonds and payment bonds.

The bill specifies that these bonding requirements apply ...
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