Section 293.02. Indexing of contract thresholds for payment and performance assurance requirements.

 

(1)   State contracts.

(a) The payment and performance assurance requirements in s. 779.14 (1m) (c) 1. , Stats., shall apply to contracts with the state for the performance of labor or furnishing materials for a public improvement or public work with a contract price exceeding $16,000 but not exceeding $148,000.

(b) The payment and performance assurance requirements in s. 779.14 (1m) (c) 2. , Stats., shall apply to contracts with the state for the performance of labor or furnishing materials for a public improvement or public work with a contract price exceeding $148,000 but not exceeding $369,000.

(c) The payment and performance assurance requirements in s. 779.14 (1m) (c) 3. , Stats., shall apply to contracts with the state for the performance of labor or furnishing materials for a public improvement or public work with a contract price exceeding $369,000.

(2)   Local government contracts.

(a) The payment and performance assurance requirements in s. 779.14 (1m) (d) 1. , Stats., shall apply to contracts, other than contracts with the state, for the performance of labor or furnishing materials for a public improvement or public work with a contract price exceeding $16,000 but not exceeding $74,000.

(b) The payment and performance assurance requirements in s. 779.14 (1m) (d) 2. , Stats., shall apply to contracts, other than contracts with the state, for the performance of labor or furnishing materials for a public improvement or public work with a contract price exceeding $74,000 but not exceeding $148,000.

(c) The payment and performance assurance requirements in s. 779.14 (1m) (d) 3. , Stats., shall apply to contracts, other than contracts with the state, for the performance of labor or furnishing materials for a public improvement or public work with a contract price exceeding $148,000.

History: CR 02-011 : cr. Register June 2002 No. 558 , eff. 7-1-02; emerg. am., eff. 1-1-04; CR 04-006 : am. Register May 2004 No. 581 , eff. 6-1-04; emerg. am., eff. 1-1-06; CR 06-004 : am. Register May 2006 No. 605 , eff. 6-1-06; emerg. am. (1) and (2), eff. 1-1-08; CR 08-003 : am. Register May 2008 No. 629 , eff. 6-1-08; CR 10-029 : am. Register January 2011 No. 661 , eff. 2-1-11.