Skip to main content
Colorado General AssemblyToggle Main Menu
Agency NameToggle Agency Menu

Bonding Requirements For Public Projects Using Private Financing

Concerning bonding requirements for a contractor that is party to a contract that uses private financing for construction contracts on public property.
2018 Regular Session
Local Government
State Government
Bill Summary

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 to all construction contracts situated or located on public real property using public or private money, public or private financing, or public real property; except that the bonding requirements do not apply in the case of contracts for the development, restoration, or enhancement of wildlife habitat.

(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)




Bill Text


Sponsor Type Legislators
Prime Sponsor

Rep. F. Winter
Sen. K. Priola



Rep. C. Duran, Rep. C. Hansen, Rep. D. Michaelson Jenet, Rep. J. Singer, Rep. D. Young

The effective date for bills enacted without a safety clause is August 7, 2024, if the General Assembly adjourns sine die on May 8, 2024, unless otherwise specified. Details