A4905 — Requires a surety bond for contractors and subcontractors where no public fund has been established for the financing of a public improvement

A4905 — Requires a surety bond for contractors and subcontractors where no public fund has been established for the financing of a public improvement · Informed CitizenryThis bill amends the lien law to require a surety bond or an irrevocable letter of credit for public improvement projects where no public fund has been established for financing. The requirement ap…Open in Informed Citizenry