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House backs bill letting DFCM require performance and payment bonds selectively to limit state exposure
Summary
Third substitute HB 508 authorizes the Division of Facilities Construction and Management to require performance and payment bonds when necessary and exempts certain division‑administered construction contracts from blanket bonding requirements; sponsors said the change offers flexibility and potential cost savings while members pressed to protect subcontractors.
Representative Brooks presented third substitute HB 508 and explained language inserted in the Senate from the Division of Facilities Construction and Management (DFCM). The amendment authorizes the division to require performance and payment bonds when necessary to protect the division from financial loss or performance risk, rather than imposing a blanket bond requirement on every state building project.
"The meat of this is ... it authorized the division to require performance and payment bonds…
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