5499-S AMH LIIA MATM 315

SSB 5499 - H AMD 934

By Representative Hudgins

ADOPTED 4/25/2009

    On page 4, after line 5, insert the following:

    "NEW SECTION. Sec. 2.  A new section is added to chapter 39.08 RCW to read as follows:

    In consultation with the director of the office of financial management and the secretary of the department of transportation, the governor shall approve any contract and bond amount authorized with respect to contracts in which the department intends to authorize bonds under RCW 39.08.030 in an amount less than the full contract price of the contract."

    Renumber remaining section consecutively, correct internal references accordingly, and correct the title.

EFFECT:   Requires the Governor, in consultation with the Director of the Office of Financial Management and the Secretary of the Department of Transportation, to approve contracts an bond amounts in situations where the Department of Transportation intends to authorize bonds on highway construction projects in an amount less than the full contract price.

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