Iowa SSB1151 mandates out-of-state construction contractors to file a $50,000 surety bond with the Department of Inspections, Appeals, and Licensing.

Iowa SSB1151 amends the state's construction contractor regulations by requiring out-of-state contractors to file a $50,000 surety bond with the Department of Inspections, Appeals, and Licensing. This requirement applies unless the contractor is prequalified to bid on projects for the Department of Transportation. The bill also prohibits local entities, such as counties, cities, townships, and school districts, from mandating additional bonding requirements beyond those specified in the Iowa Code.

Iowa SSB1151 mandates out-of-state construction contractors to file a $50,000 surety bond with the Department of Inspections, Appeals, and Licensing.

Iowa SSB1151 amends the state's construction contractor regulations by requiring out-of-state contractors to file a $50,000 surety bond with the Department of Inspections, Appeals, and Licensing. This requirement applies unless the contractor is prequalified to bid on projects for the Department of Transportation. The bill also prohibits local entities, such as counties, cities, townships, and school districts, from mandating additional bonding requirements beyond those specified in the Iowa Code.