No Requirement: NACM suggests serving notice within45 daysof first furnishing to prompt payment
Step 2: Bond Claim
Serve the public authority and contractor must be received no later than 180 days after last furnishing.
Step 3: Suit Against Bond
Within 2 years of last furnishing.
Bond Bits
Contracts less than $100,000 are excluded from bond requirements; $50,000 for highways, bridges and other transportation projects.
Amount of Bond: 100% of contract price.
P3 HB2750 effective January 1, 2018 Port of Hood River tollway projects law exempts projects from existing public procurement laws but will require Little Miller Act payment assurances.