SB2584 — Public works construction; performance bond not required if contract is less than $50,000.00 and paid in two equal installments.

SB2584 — Public works construction; performance bond not required if contract is less than $50,000.00 and paid in two equal installments. · Informed CitizenryThis bill proposes to amend Mississippi Code Section 31-5-51 to modify requirements for performance bonds on public works projects. Under the proposed change, a performance bond would not be requir…Open in Informed Citizenry