Colorado Capitol Watch

Login

Welcome Visitor

 
Forgot password?
----------
Subscribe for Current Session

My CCW Tools

Look Up Bills

Look Up Legislators

border
border
Legislative Year: 2021 Change
  •  
  •  
hdr_right_bottom

Bill Detail: HB21-1167

Return to list of bills

emailSend an email to your legislator

Title Private Construction Contract Payments
Status Introduced In Senate - Assigned to Business, Labor, & Technology (03/29/2021)
Bill Subjects
  • Business & Economic Development
  • Housing
House Sponsors M. Duran (D)
P. Will (R)
Senate Sponsors R. Scott (R)
J. Gonzales (D)
House Committee Business Affairs and Labor
Senate Committee Business, Labor and Technology
Date Introduced 03/04/2021
Summary

The bill prohibits a property owner from withholding from a
contractor more than 5% of the price of completed work to ensure the
work is satisfactorily completed. The contractor and subcontractors are
also prohibited from withholding more than 5% from subcontractors and
suppliers. The bill also clarifies that these prohibitions do not apply to
other types of contractual conditions made before payment is due.

The contract may require lien waivers to be executed before
payment is made.
The bill applies to:
  • A contract that has a price of at least $150,000; and
  • A subcontract or supply agreement to such a contract.
The bill does not apply to a single contract that governs:
  • The building of:
  • A single-family dwelling;
  • A multifamily dwelling with 4 or fewer family
dwelling units; or
  • A contract with a public entity.

Committee Reports
with Amendments
Full Text
Full Text of Bill (pdf) (most recent)
Fiscal Notes Fiscal Notes (03/17/2021) (most recent)  
Additional Bill Documents Bill Documents
Including:
  • Past bill versions
  • Past fiscal notes
  • Committee activity and documents
  • Bill History
 
Lobbyists Lobbyists
Audio [This feature is available by subscription.]  
Votes House and Senate Votes
Vote Totals Vote Totals by Party
 
border   border
 
Copyright © 2008-2020 State Capitol Watch