|SB 1255||Revises process for addressing issues in public construction contracts|
|LR Number:||3748S.02I||Fiscal Note:||3748-02|
|Committee:||Financial and Governmental Organization|
|Last Action:||03/05/02 - Second Read and Referred S Financial & Governmental||Journal page:||S447|
|Org., Veterans Affairs & Elections Committee|
|Effective Date:||August 28, 2002|
SB 1255 - This act enables a public owner to disqualify a contractor or subcontractor from bidding on projects for three years if the contractor or subcontractor has had final payment withheld.
The act would also allow the Division of Design and
Construction to declare a contractor in default if the contractor
fails or refuses to perform or complete the project. Once
declared in default the Division of Design and Construction may
directly renegotiate the subcontracts to complete the project.
The act also allows the Division of Design and Construction to
create a contractor certification program.