HB878: Construction certificate of responsibility; increase to $75,000.00 and align bond requirement.

Legislative Summary

An Act To Amend Section 31-3-21, Mississippi Code Of 1972, To Increase The Threshold Amount That Requires A Certificate Of Responsibility To Be Included On A Bid Envelope From Fifty Thousand Dollars To Seventy-five Thousand Dollars; To Provide How A Certificate Of Responsibility May Be Submitted With A Bid When The Bid Is Submitted Electronically; To Amend Section 31-5-51, Mississippi Code Of 1972, To Increase The Amount Required For An Owner To Submit A Lump Sum Payment; To Amend Sections 31-7-13 And 31-3-1, Mississippi Code Of 1972, To Conform; And For Related Purposes.