WEST virginia legislature

2018 regular session

Committee Substitute

for

Senate Bill 561

By Senator Jeffries

[Originating in the Committee on Education; Reported on February 22, 2018]

A BILL to amend and reenact §18-5-12 of the Code of West Virginia, 1931, as amended, relating to increasing the minimum contract price that requires the execution of a bond with respect to the building or repairing of school property.

Be it enacted by the Legislature of West Virginia:

ARTICLE 5. COUNTY BOARD OF EDUCATION.

§18-5-12. Bond of contractors.

Boards shall require all persons contracting for the building or repairing of school property, where the contract exceeds $100 $25,000 to execute a bond, with approved security, in the amount of the contract price.