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Small & Emerging Contractors

 

What's New: Government Affairs

New Hampshire Bond Threshold Increased

Friday, July 28, 2017  

New Hampshire Bond Threshold Increased

SFAA, AIA, and our local industry partners worked all session in New Hampshire to address HB 371, which increases the state bond threshold. The result of our work was a compromise under which the bond threshold has been increased from $35,000 to $75,000 for state project and to $125,000 for local government projects. A provision that would have permitted political subdivisions to opt out of applying the bonding requirements for the state bond threshold was removed from the bill under this deal. The Governor has signed the legislation.

Members should visit Government Relations / General Info (Members) for more information.

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