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SFAA and AIA Opposing Proposed Bond Threshold Increase in Rhode Island

Friday, March 30, 2018  
SFAA and AIA Opposing Proposed Bond Threshold Increase in Rhode Island

SFAA and AIA are opposing bond threshold legislation in Rhode Island pending under HB 7809/SB 2513 that l would increase the state bond threshold for public works projects from $50,000 to $100,000. The bill also would grant the chief purchasing officer the discretion to waive the state bond requirements for projects up to $250,000. The bill would prohibit waiving bonds for projects exceeding $250,000.

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



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