SB2574 — Public works contracts; increase the threshold for performance and payment bonds.

SB2574 — Public works contracts; increase the threshold for performance and payment bonds. · Informed CitizenryThis bill proposes to amend Section 31-5-51 of the Mississippi Code of 1972 to increase the threshold amount to $50,000.00 for lump-sum payments and provisions for performance and payment bonds in…Open in Informed Citizenry