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AL SB72
Bill
AI Summary
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Amends Section 39-2-4 of the Code of Alabama 1975 to make technical corrections to Act 2016-260 (Senate Bill 175 from 2016).
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Restores the prior bid guarantee limit of $10,000 for state agencies other than the Department of Transportation, while maintaining the $50,000 limit for the Department of Transportation.
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Requires bid guarantees to be not less than 5 percent of the awarding authority's estimated cost or contractor's bid, with the maximum amount determined by the agency type.
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Adds amendatory language that was inadvertently omitted from Senate Bill 175 to conform the intent of that bill to its title.
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Takes retroactive effect as of May 3, 2016, and is designated 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
Assigned Act No. 2017-279.
5/3/2017