HRS Section 103-32.1, Contract provision for retainage; subcontractors

Posted on Dec 1, 2010

(Amended by Act 107; effective 7/1/10)

  • Makes the requirements for withholding payment to a subcontractor permanent. Makes the changes of HRS Section 103-32.1 permanent, as amended by Act 175, SLH 2009 which included a sunset provision. The amendment  deleted unnecessary language and clarified contract provisions for subcontractor retainage to provide written notice to subcontractor. When applicable, the provision shall be included in the solicitation for applicability to the resulting contract.
  • See Procurement Circular 2010-02.