Contractor Surety Bonds For Public Projects
| Type | Bill |
|---|---|
| Session | 2017 Regular Session |
| Subjects |
Concerning a requirement that a state agency accept the full amount of a bid security bond issued by a surety company to a prospective contractor for a public project.
Bill Summary:
When responding to a solicitation issued by the department of transportation (department), contractors are required to secure a bid in the form of a bond. If the contractor can furnish such bond in the required amount, the bill prohibits the department from eliminating the contractor from consideration of an award based on a financial statement that the contractor submitted to the department for the department's contractor prequalification determination process. The bill specifies that the prohibition applies even if the contractor's financial statement submitted for prequalification purposes indicates that the contractor may not be able to perform the applicable contract to the level and amount reflected in the bond.
(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)
Related Documents & Information
| Activity | Vote | Documents |
|---|---|---|
| Adopt amendment L.003 (Attachment B). | The motion passed without objection. | Vote summary |
| Refer Senate Bill 17-211, as amended, to the Committee of the Whole. | The motion passed on a vote of 13-0. | Vote summary |
| Activity | Vote | Documents |
|---|---|---|
| Adopt amendment L.002 (Attachment C). | The motion passed without objection. | Vote summary |
| Refer Senate Bill 17-211, as amended, to the Committee of the Whole. | The motion passed on a vote of 5-0. | Vote summary |
| Activity | Vote | Documents |
|---|
| Date | Calendar | Motion | Vote | Vote Document |
|---|---|---|---|---|
| 05/09/2017 | House Amendments | REPASS |
33
AYE
2
NO
0
OTHER
|
Vote record |
| 05/09/2017 | House Amendments | CONCUR |
35
AYE
0
NO
0
OTHER
|
Vote record |
| 04/13/2017 | Third Reading | BILL |
28
AYE
7
NO
0
OTHER
|
Vote record |
| Date | Calendar | Motion | Vote | Vote Document |
|---|---|---|---|---|
| 05/08/2017 | Third Reading | BILL |
65
AYE
0
NO
0
OTHER
|
Vote record |
| Date | Location | Action |
|---|---|---|
| 06/06/2017 | Governor | Governor Signed |
| 05/19/2017 | Governor | Sent to the Governor |
| 05/19/2017 | House | Signed by the Speaker of the House |
| 05/19/2017 | Senate | Signed by the President of the Senate |
| 05/09/2017 | Senate | Senate Considered House Amendments - Result was to Concur - Repass |
| 05/08/2017 | House | House Third Reading Passed - No Amendments |
| 05/05/2017 | House | House Second Reading Special Order - Passed with Amendments - Committee |
| 05/03/2017 | House | House Committee on Transportation & Energy Refer Amended to House Committee of the Whole |
| 04/18/2017 | House | Introduced In House - Assigned to Transportation & Energy |
| 04/13/2017 | Senate | Senate Third Reading Passed - No Amendments |
| 04/11/2017 | Senate | Senate Third Reading Laid Over Daily - No Amendments |
| 04/10/2017 | Senate | Senate Second Reading Passed with Amendments - Committee |
| 04/07/2017 | Senate | Senate Second Reading Laid Over Daily - No Amendments |
| 04/04/2017 | Senate | Senate Committee on Transportation Refer Amended to Senate Committee of the Whole |
| 03/21/2017 | Senate | Senate Committee on Transportation Witness Testimony and/or Committee Discussion Only |
| 03/03/2017 | Senate | Introduced In Senate - Assigned to Transportation |
Prime Sponsor
Sponsor
Co-Sponsor
| Effective Date | Chapter # | Title | Documents |
|---|---|---|---|
| 08/09/2017 | 373 | Contractor Surety Bonds For Public Projects |