Gives the contractor or general contractor/construction manager the option to have the public entity retain 10 percent, instead of 50 percent, of the contract amount in lieu of the bond requirement for public works contracts up to $150,000, instead of $35,000.
Received in the House on March 1, 2017
Referred to the House State Government, Elections & Information Technology Committee on March 1, 2017
Referred to the House Capital Budget Committee on March 27, 2017
Referred to the House Rules Committee on April 6, 2017