S4840 — Requires a surety bond for contractors and subcontractors where no public fund has been established for the financing of a public improvement

S4840 — Requires a surety bond for contractors and subcontractors where no public fund has been established for the financing of a public improvement · Informed CitizenryThe bill amends Section 5 of the lien law, which governs liens under contracts for public improvements. The amendment requires that where no public fund has been established for a public improvemen…Open in Informed Citizenry