House Bill in Washington Alters Bond Requirements for Public Contracts

Representatives Hinkle and Kretz introduced House Bill 3055 yesterday, whose digest explains will "modif[y] provisions regarding contractors' bonds for public contracts." If passed, the bill would amend RCW 39.04.155 and 39.08.010, and make the following substantive changes: Contracts $35,000 or less would not require a bond On contracts between $35,000 and $100,000, in lieu of […]