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CA AB2186

Bill

Official Source

Status

Introduced

2/11/2020

Primary Sponsor

Tim Grayson

Click for details

Origin

State Assembly

2019-2020 Session

AI Summary

  • Eliminates the 95% payment limit on progress payments for public contracts exceeding $5,000, allowing local agencies full discretion in payment scheduling
  • Caps contractor payment withholding at a maximum of 5% of the contract price for public works projects exceeding $5,000
  • Removes the requirement that local agencies must withhold at least 5% until final project completion
  • Eliminates the provision allowing full payment of remaining work after 50% completion if satisfactory progress is demonstrated
  • Establishes a $25,000 cost threshold for county water authorities instead of the standard $5,000 threshold

Legislative Description

Public contracting: contractor retention withholding.

Last Action

Referred to Com. on L. GOV.

2/20/2020

Committee Referrals

Local Government2/20/2020

Full Bill Text

No bill text available