6040-S AMS VALD S4967.2
SSB 6040 - S AMD 647
By Senator Valdez
ADOPTED 02/13/2024
On page 1, beginning on line 12, after "(b)(i)" strike all material through "work." on line 20 and insert "The state must pay the prime contractor within 30 days for work satisfactorily completed or materials delivered by a subcontractor of any tier that is small business certified with the office of minority and women's business enterprises under chapter 39.19 RCW, or is recognized as a women or minority-owned business enterprise in a state of Washington port, county, or municipal small business or women or minority-owned business enterprise program. Within 10 days of receipt of payment, the prime contractor and each higher tier subcontractor must make payment to its subcontractor until the subcontractor that is a certified small business or recognized women or minority-owned business has received payment."
On page 2, line 21, after "1," strike "2024" and insert "2025"
EFFECT: Removes the provision requiring a general contractor to pay certain subcontractors before receiving payment themselves. Requires the state to pay a prime contractor within 30 days for work satisfactorily completed or materials delivered by a subcontractor of any tier that is a certified small business or recognized women or minority-owned business. Requires a prime contractor and each higher tier subcontractor to make payment within 10 days to its subcontractor until the subcontractor that is a certified small business or recognized women or minority-owned business receives payment.
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