Mississippi Legislature
2002 Regular Session

House Bill 112

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Bill Text

History of Actions

Background

Title

Description: Highway construction contracts; require to include liquidated damages provision.

Bill Text: [Introduced]

History of Actions:

1 01/08 (H) Referred To Transportation
2 02/05 (H) Died In Committee

Background Information:

Effective dateJuly 1, 2002
DispositionDead
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
Vote type requiredMajority

House Committee:

Principal Author: Janus

Code Section: A 065-0001-0008

Title: AN ACT TO AMEND SECTION 65-1-8, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT CONTRACTS BETWEEN THE MISSISSIPPI TRANSPORTATION COMMISSION AND A CONTRACTOR FOR NEW CONSTRUCTION MUST CONTAIN A PROVISION FOR LIQUIDATED DAMAGES FOR EACH DAY THAT THE CONTRACTOR FAILS TIMELY TO COMPLETE THE CONTRACT; TO AUTHORIZE SUCH CONTRACTS TO CONTAIN EXTRA COMPENSATION TO THE CONTRACTOR TO SERVE AS BONUS IF THE CONTRACTOR COMPLETES THE CONTRACT EARLY; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 02/05/02 at 17:41.

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