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2009 SESSION

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HB 1628 Contractor performance bonds; amount for locally administered transportation improvement projects.

Introduced by: Mark L. Cole | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED HOUSE: (all summaries)

Contractor performance bonds for locally administered transportation improvement projects.  Provides that whenever any county, city, or town undertakes administration of a transportation improvement project and obtains, in connection therewith, contractor performance bonds that include the Virginia Department of Transportation as a dual obligee, the amount of such bonds shall be no greater than would have been required had the Department not been included as a dual obligee.  This bill incorporates HB 1677.


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