Washington HB1950 requires subcontractors on public works contracts to be indemnified for penalties due to late payments.

Washington HB1950 mandates that subcontractors on public works projects must be indemnified for fees or penalties incurred if they fail to make timely contributions to a Taft-Hartley trust. This applies when the failure is due to a contractor or another subcontractor violating RCW 39.04.250. The law affects certified subcontractors under the Office of Minority and Women's Business Enterprises and applies to contracts entered or renewed after the bill's effective date.

Washington HB1950 requires subcontractors on public works contracts to be indemnified for penalties due to late payments.

Washington HB1950 mandates that subcontractors on public works projects must be indemnified for fees or penalties incurred if they fail to make timely contributions to a Taft-Hartley trust. This applies when the failure is due to a contractor or another subcontractor violating RCW 39.04.250. The law affects certified subcontractors under the Office of Minority and Women's Business Enterprises and applies to contracts entered or renewed after the bill's effective date.