SB 1587

  • Hawaii Senate Bill
  • 2025 Regular Session
  • Introduced in Senate Jan 23, 2025
  • Senate
  • House
  • Governor

Relating To Retainage.

Abstract

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. Effective 1/1/2491. (SD1)

Bill Sponsors (1)

Votes


Actions


Feb 14, 2025

Senate

Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM.

  • Reading-2
  • Referral-Committee
Ways and Means

Senate

Reported from GVO (Stand. Com. Rep. No. 526) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM.

Feb 06, 2025

Senate

The 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.

Feb 04, 2025

Senate

The committee(s) on GVO deferred the measure until 02-06-25 3:00PM; Conference Room 225.

Jan 31, 2025

Senate

The committee(s) on GVO has scheduled a public hearing on 02-04-25 3:05PM; Conference Room 225 & Videoconference.

Jan 27, 2025

Senate

Referred to GVO, WAM.

  • Referral-Committee
Government Operations Ways and Means

Senate

Passed First Reading.

Jan 23, 2025

Senate

Introduced.

Bill Text

Bill Text Versions Format
SB1587_SD1 PDF HTML
SB1587 PDF HTML

Related Documents

Document Format
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Sources

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