H-1057              _______________________________________________

                                                   HOUSE BILL NO. 1164

                        _______________________________________________

State of Washington                              49th Legislature                              1985 Regular Session

By Representatives Addison, P. King, Sanders, Holland and Hastings

Read first time 2/8/85 and referred to Committee on State Government.

AN ACT Relating to interest on unpaid public contracts; and amending RCW 39.76.010.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:

        Sec. 1.  Section 1, chapter 68, Laws of 1981 and RCW 39.76.010 are each amended to read as follows:

          (1) Except as provided in RCW 39.76.020, every state agency and unit of local government shall pay interest at the rate of one percent per month, but at least one dollar per month, on amounts due on ((written)) contracts for public works, personal services, goods and services, equipment, and travel, whenever the state agency or unit of local government fails to make timely payment.

          (2) For purposes of this section, payment shall be timely if:

          (a) A check or warrant is mailed or is available on the date specified for the amount specified in the applicable contract documents, if any, or, if no date is specified, within thirty days of receipt of a properly completed invoice or receipt of goods or services, whichever is later.

          (b) For any amount which is required to be withheld under state or federal law, a check or warrant is mailed or is available in the proper amount on the date the amount may be released under the applicable law.