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IA SSB3159
SB
AI Summary
- Amends Iowa Code section 573.16 regarding public improvement contracts to add new notice requirements following project completion
- Public corporations must send written notification of the final acceptance date within 14 calendar days after final acceptance of the improvement
- Required notification recipients include the principal contractor, the surety on any performance bond, and any claimant for labor or materials who has filed a claim
- Public corporations are shielded from liability for any claims or damages arising from failure to comply with the new notification requirement
- Existing law allows parties to bring equity actions to adjudicate fund rights or enforce bond liability between 30 and 60 days after final acceptance
Legislative Description
A bill for an act relating to public improvement contracts, including notice requirements.(See SF 2365.)
Last Action
Committee report approving bill, renumbered as SF 2365.
2/17/2026
Committee Referrals
Judiciary2/11/2026
Full Bill Text
No bill text available