Mississippi Legislature
2004 Regular Session

House Bill 465

Main Menu


Bill Text

History of Actions

Background

Title

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

Bill Text: [Introduced]

History of Actions:

1 01/20 (H) Referred To Transportation
2 03/09 (H) Died In Committee

Background Information:

Effective dateJuly 1, 2004
DispositionDead
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
Vote type requiredThree/Fifths

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 03/09/04 at 18:00.

End Of Document
2004/html/History/HB/HB0465.htm