Indiana House Bill 1361 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on January 14 2015 - 25% progression, died in committee
Action: 2015-01-14 - First Reading: referred to Committee on Roads and Transportation
Pending: House Roads and Transportation Committee
Text: Latest bill text (Introduced) [PDF]

Performance bonds for state highway contracts. Provides that, after June 30, 2015, the department of transportation (department) shall require the lowest and best bidder for a state highway contract to submit a performance bond payable to the state not more than 10 days after the contract is let. (Current law requires each bidder for a contract for a project with an estimated cost of more than $200,000 to submit a bid guarantee and a performance bond.) Provides that, if a bidder fails to submit the performance bond within 10 days, the department shall let the contract to the next lowest

Performance bonds for state highway contracts. Provides that, after June 30, 2015, the department of transportation (department) shall require the lowest and best bidder for a state highway contract to submit a performance bond payable to the state not more than 10 days after the contract is let. (Current law requires each bidder for a contract for a project with an estimated cost of more than $200,000 to submit a bid guarantee and a performance bond.) Provides that, if a bidder fails to submit the performance bond within 10 days, the department shall let the contract to the next lowest

Rep. Holli Sullivan [R]

Rep. Edmond Soliday [R]

Date	Chamber	Action
2015-01-14	House	First Reading: referred to Committee on Roads and Transportation
2015-01-14	House	Coauthored by Representative Soliday
2015-01-14	House	Authored by Representative Sullivan

Type	Source
Summary	https://iga.in.gov/legislative/2015/bills/house/1361/details
Text	http://iga.in.gov/static-documents/c/4/7/b/c47b3eb9/HB1361.01.INTR.pdf