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MO HB1241
Bill
Status
Introduced
3/11/2015
Primary Sponsor
Caleb Jones
Click for details
AI Summary
- Amends section 227.107 RSMo to cap individual highway design-build project contracts at less than $50 million per project
- Limits the total number of design-build contracts awarded per fiscal year to no more than 2% of all state highway system projects awarded for construction
- Design-build authority expires July 1, 2018, unless extended by statute
- Exempts specific projects from the cap and time limitation, including Missouri Route 364, State Highway 169/96th Street intersection, State Highway 92, and the US 40/61 I-64 Missouri River Bridge
- Requires performance bonds equal to the estimated total construction cost, or at least $250 million with additional security if the project exceeds that threshold
Legislative Description
Specifies that there must be a $50 million cap on individual design build contracts
Last Action
Withdrawn (H)
3/12/2015
Full Bill Text
No bill text available