GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 1997

S	2 

SENATE BILL 417
Commerce Committee Substitute Adopted 4/29/97

Short Title:  Highway Contract Bonding Req'ments.	(Public)

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Sponsors:

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Referred to: 

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March 18, 1997

A BILL TO BE ENTITLED
AN ACT TO AMEND THE LAW GOVERNING HIGHWAY SMALL PROJECT BIDDING.
The General Assembly of North Carolina enacts:
Section 1.  G.S. 136-28.10 reads as rewritten:
"§ 136-28.10.  Highway Fund and Highway Trust Fund Small Project Bidding.
(a)	Notwithstanding the provisions of G.S. 136-28.4(b), for Highway Fund or Highway Trust Fund projects of five hundred thousand dollars ($500,000) or less, the Board of Transportation may, after soliciting at least three informal bids in writing from Small Business Enterprises, award contracts to the lowest responsible bidder.  The Department of Transportation may identify projects likely to attract increased participation by Small Business Enterprises, and restrict the solicitation and award to those bidders.  The Board of Transportation may delegate full authority to award contracts, adopt necessary rules, and administer the provisions of this section to the Secretary of Transportation.
(b)	The letting of contracts under this section is not subject to any of the provisions of G.S. 136-28.1 relating to the letting of contracts.  The Department may waive the bonding requirements of Chapter 44A of the General Statutes and the licensing requirements of Chapter 87 for contracts awarded under this section.
(c)	The Secretary of Transportation shall report quarterly to the Joint Legislative Transportation Oversight Committee on the implementation of this section."
Section 2.  This act is effective when it becomes law.