Relating to retainage in connection with public improvement contracts.
Catchline/Summary:
Directs contracting agency to accept certain instruments from contractor in lieu of moneys held as retainage in connection with public improvement contracts and permits contractor to accept similar instruments from subcontractor.Permits] Directs contracting agency to accept certain instruments from contractor in lieu of moneys held as retainage in connection with public improvement contracts and permits contractor to accept similar instruments from subcontractor. Creates exception.
Oregon Legislative Assembly - Public Testimony Registration Form
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HB 2955
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