HawaiiRELATING TO RETAINAGE.
What it does
Allows procurement officers to withhold a retainage fee from the total budget from contractors to ensure satisfactory project completion. Requires the retainage fee to be paid to contractors within a certain number of days of project completion. Applies to public contracts executed on or after 1/1/2026.
More detail
Effective 1/1/2491. (SD1)
Where do you stand?
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- Feb 14Reported from GVO (Stand. Com. Rep. No. 526) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.Latest
- Feb 14Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.Minor
- Feb 6The committee(s) on GVO recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in GVO were as follows: 5 Aye(s): Senator(s) McKelvey, Gabbard, Moriwaki, San Buenaventura, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.Minor
- Vote recorded The committee(s) on GVO recommend(s) that the measure be PASSED, WITH AMENDMENTS. Result: pass.Upper
- Feb 4The committee(s) on GVO deferred the measure until 02-06-25 3:00PM; Conference Room 225.Minor
- Jan 31The committee(s) on GVO has scheduled a public hearing on 02-04-25 3:05PM; Conference Room 225 & Videoconference.
- Jan 27Passed First Reading.Minor
- Jan 27Referred to GVO, WAM.Minor
- Jan 23Introduced.Introduced