Bill Text: WV SB561 | 2018 | Regular Session | Enrolled

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Bill Title: Increasing minimum contract price requiring execution of bond with respect to building or repairing school property

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Passed) 2018-04-23 - Chapter 71, Acts, Regular Session, 2018 [SB561 Detail]

Download: West_Virginia-2018-SB561-Enrolled.html

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WEST virginia legislature

2018 regular session

Enrolled

Committee Substitute

for

Senate Bill 561

Senator Jeffries, original sponsor

[Passed March 5, 2018; in effect 90 days for passage]

 

 

AN ACT to amend and reenact §18-5-12 of the Code of West Virginia, 1931, as amended, relating to increasing the minimum contract price that requires the execution of a bond with respect to the building or repairing of school property.

Be it enacted by the Legislature of West Virginia:

ARTICLE 5. COUNTY BOARD OF EDUCATION.

§18-5-12. Bond of contractors.

Boards shall require all persons contracting for the building or repairing of school property, where the contract exceeds $25,000 to execute a bond, with approved security, in the amount of the contract price.