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Committee amends construction-manager-at-risk bill, raises self-performance cap to 20%
Summary
A Senate committee voted to amend a construction-manager-at-risk bill to raise an affiliate self-performance limit from 10% to 20% for projects above $25,000,000, and to accept other House changes including adding community and junior colleges and lengthening prequalification notice to four weeks.
A Senate committee amended and reported a construction-manager-at-risk bill that applies to public projects with a proposed threshold of $25,000,000 and higher.
The House version accepted by the committee added community and junior colleges to the list of entities eligible for the exemption, lengthened the required notice period for prequalification criteria from two weeks to four weeks, required that a project be set only after final construction drawings are complete, and included a provision limiting a construction manager or its affiliates to…
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