WEST virginia legislature
2018 regular session
Introduced
Senate Bill 561
By Senator Jeffries
[Introduced February
15, 2018; Referred
to the Committee on Education; and then to the Committee on Government
Organization]
A BILL 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 $100 $15,000 to execute a bond, with approved
security, in the amount of the contract price.
NOTE: The purpose of this bill is to increase the minimum contract price that requires the execution of a bond with respect to the building or repairing of school property.
Strike-throughs indicate language that would be stricken from a heading or the present law and underscoring indicates new language that would be added.