Relating to retainage in public improvement contracts.
Catchline/Summary:
Requires Oregon Department of Administrative Services to study alternative methods to implement retainage provisions in public improvement contracts. Requires Oregon Department of Administrative Services to study alternative methods to implement retainage provisions in public improvement contracts. Directs department to submit findings to interim committees of Legislative Assembly related to public procurement not later than September 15, 2024.
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HB 2876 House Committee On Business and Labor
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