AN ACT AUTHORIZING THE WAIVER OF CERTAIN PERFORMANCE BOND REQUIREMENTS.
To authorize municipalities to waive the inclusion of a contract provision requiring the issuance of a performance bond for certain projects for which the estimated cost of labor and materials is less than five million dollars.
Introduced by:Planning and Development Committee
|New today||2-4 days old||5 days & older|
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Co-sponsors for Amendment LCO:
|3/6/2023||Public Hearing 03/10|
|2/24/2023||Referred to Joint Committee on Planning and Development|