SB386 Summary

• Requires pre-bid meetings for public works contracts to be held at least seven days prior to bid opening, except in declared emergencies.

• Prohibits modification of project specifications within 24 hours of the bid opening on public works contracts.

• Reduces payment timeframe for completed work from 45 days to 35 days after awarding authority designee approval, with interest accruing if payment is not made on time.

• Removes the provision allowing awarding authorities to delay prompt payment until receipt of funds; payment obligations begin upon contract execution regardless of fund availability.

• Requires designated person to review completed work within 10 days and establishes dispute resolution procedures for submitted invoices; allows contract term adjustment when subsurface or unknown physical conditions materially differ from contract specifications.