| Old | New | Differences | |
|---|---|---|---|
| 1 | - | General Assembly Substitute Bill No. 948 | |
| 2 | - | January Session, 2015 *_____SB00948GAE___033115____* | |
| 1 | + | General Assembly Governor's Bill No. 948 | |
| 2 | + | January Session, 2015 LCO No. 3981 | |
| 3 | + | *03981__________* | |
| 4 | + | Referred to Committee on GOVERNMENT ADMINISTRATION AND ELECTIONS | |
| 5 | + | Introduced by: | |
| 6 | + | SEN. LOONEY, 11th Dist. SEN. DUFF, 25th Dist. REP. SHARKEY, 88th Dist. REP. ARESIMOWICZ, 30th Dist. | |
| 3 | 7 | ||
| 4 | 8 | General Assembly | |
| 5 | 9 | ||
| 6 | - | ||
| 10 | + | Governor's Bill No. 948 | |
| 7 | 11 | ||
| 8 | 12 | January Session, 2015 | |
| 9 | 13 | ||
| 10 | - | *_____SB00948GAE___033115____* | |
| 14 | + | LCO No. 3981 | |
| 15 | + | ||
| 16 | + | *03981__________* | |
| 17 | + | ||
| 18 | + | Referred to Committee on GOVERNMENT ADMINISTRATION AND ELECTIONS | |
| 19 | + | ||
| 20 | + | Introduced by: | |
| 21 | + | ||
| 22 | + | SEN. LOONEY, 11th Dist. | |
| 23 | + | ||
| 24 | + | SEN. DUFF, 25th Dist. | |
| 25 | + | ||
| 26 | + | REP. SHARKEY, 88th Dist. | |
| 27 | + | ||
| 28 | + | REP. ARESIMOWICZ, 30th Dist. | |
| 11 | 29 | ||
| 12 | 30 | AN ACT INCREASING OPPORTUNITIES FOR SMALL CONTRACTORS AND MINORITY BUSINESS ENTERPRISES UNDER THE SET-ASIDE PROGRAM. | |
| 13 | 31 | ||
| 14 | 32 | Be it enacted by the Senate and House of Representatives in General Assembly convened: | |
| 15 | 33 | ||
| 16 | 34 | Section 1. Subsection (i) of section 4a-60g of the general statutes is repealed and the following is substituted in lieu thereof (Effective July 1, 2015): | |
| 17 | 35 | ||
| 18 | - | (i) In lieu of a performance, bid, labor and materials or other required bond, (1) a contractor or subcontractor awarded a contract under this section may provide to the awarding authority, and the awarding authority shall accept a letter of credit, [. Any] provided any | |
| 36 | + | (i) In lieu of a performance, bid, labor and materials or other required bond, (1) a contractor or subcontractor awarded a contract under this section may provide to the awarding authority, and the awarding authority shall accept a letter of credit, [. Any] provided any such letter of credit [shall be] is in an amount equal to ten per cent of the contract for any contract that is less than one hundred thousand dollars and in an amount equal to twenty-five per cent of the contract for any contract that exceeds one hundred thousand dollars; or (2) in the case of the award of a contract under this section by the Commissioner of Administrative Services for the construction, reconstruction or rehabilitation of public buildings that is less than five hundred thousand dollars, the commissioner may waive any such bond requirements provided the contractor or subcontractor submits satisfactory evidence demonstrating successful completion of at least three projects of comparable scope and cost, in a manner prescribed by the commissioner. | |
| 19 | 37 | ||
| 20 | 38 | ||
| 21 | 39 | ||
| 22 | 40 | ||
| 23 | 41 | This act shall take effect as follows and shall amend the following sections: | |
| 24 | 42 | Section 1 July 1, 2015 4a-60g(i) | |
| 25 | 43 | ||
| 26 | 44 | This act shall take effect as follows and shall amend the following sections: | |
| 27 | 45 | ||
| 28 | 46 | Section 1 | |
| 29 | 47 | ||
| 30 | 48 | July 1, 2015 | |
| 31 | 49 | ||
| 32 | 50 | 4a-60g(i) | |
| 33 | 51 | ||
| 52 | + | Statement of Purpose: | |
| 34 | 53 | ||
| 54 | + | To implement the Governor's budget recommendations. | |
| 35 | 55 | ||
| 36 | - | GAE Joint Favorable Subst. | |
| 37 | - | ||
| 38 | - | GAE | |
| 39 | - | ||
| 40 | - | Joint Favorable Subst. | |
| 56 | + | [Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not underlined.] |