Indiana House Bill 1293 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 13 2015 - 25% progression, died in committee
Action: 2015-01-13 - First Reading: referred to Committee on Local Government
Pending: House Local Government Committee
Text: Latest bill text (Introduced) [PDF]

Performance bond for a demolition contractor. Provides that if a contractor enters into a public work contract with a political subdivision under which the contractor is to demolish a building and remove the demolition debris, the contractor is required to furnish a performance bond equal to the contract price plus, if applicable, a reasonable estimate of the value of any salvage materials to which the contractor will be entitled, regardless of the amount to be paid to the contractor under the contract.

Performance bond for a demolition contractor. Provides that if a contractor enters into a public work contract with a political subdivision under which the contractor is to demolish a building and remove the demolition debris, the contractor is required to furnish a performance bond equal to the contract price plus, if applicable, a reasonable estimate of the value of any salvage materials to which the contractor will be entitled, regardless of the amount to be paid to the contractor under the contract.

Rep. Micheal Aylesworth [R]

Date	Chamber	Action
2015-01-13	House	First Reading: referred to Committee on Local Government
2015-01-13	House	Authored by Representative Aylesworth

Type	Source
Summary	https://iga.in.gov/legislative/2015/bills/house/1293/details
Text	http://iga.in.gov/static-documents/c/c/2/a/cc2a0512/HB1293.01.INTR.pdf