Bill Title: 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

Spectrum: Partisan Bill (Republican 2-0)

Status: (Introduced - Dead) 2015-01-14 - First Reading: referred to Committee on Roads and Transportation [HB1361 Detail]

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Bill Drafts

Revision	Date	Format	Source	View
Introduced	2015-01-14	PDF	Link	View

Amendments

Amendment	Date	Disposition	Format	Source	View
No bill amendments currently on file for Indiana HB1361

Supplemental Documents

Title	Description	Date	Format	Source	View
No supplemental documents for Indiana HB1361 currently on file.

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