WEST virginia legislature
2018 regular session
Committee Substitute
for
Senate Bill 561
By Senator Jeffries
[Originating in the Committee on Education; Reported on February 22, 2018]
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 $25,000 to execute a bond, with approved
security, in the amount of the contract price.