Construction transparency bill introduced in House

0
322
transparency bill

The National Electrical Contractors Association (NECA) reports that Rep. Don Bacon (R-NE) has recently introduced the NECA-supported H.R. 2350, the “Small Business Know-Before-You-Bid Construction Transparency Act of 2017.

“This bill seeks to address various issues relating to change-orders that our contractors consistently face,” NECA says in its eletter.  “Rep. Bacon’s bill was developed by the Construction Procurement Coalition, of which NECA is a member, and aims to address the length of time it takes the federal government to review, approve, and pay for equitable changes; the validity of payment assurances, such as payment bonds; and the timeliness of monthly payments.”

The bill has been referred to the House Committee on Small Business.