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.