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AL HB510
Bill
Status
4/13/2017
Primary Sponsor
Nathaniel Ledbetter
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AI Summary
HB510 Summary
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Amends Section 39-2-4 of the Code of Alabama 1975 to restore bid guarantee limits for state agencies bidding on public improvement contracts.
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Reduces the maximum bid guarantee requirement from $50,000 to $10,000 for all state agencies except the Department of Transportation, which retains a $50,000 maximum.
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Makes technical corrections to Act 2016-260 (Senate Bill 175) from the 2016 Regular Session, including language that was inadvertently omitted.
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Takes retroactive effect as of May 3, 2016, and is characterized as remedial and curative legislation.
Legislative Description
Competitive bids on public improvement projects, bid guarantee, amount increased for Transportation Dept. only, technical correction to prior amendment by Act 2016-260, retroactive, Sec. 39-2-4 am'd.
Transportation Department
Last Action
Indefinitely Postponed
5/17/2017