§103-32.2 Substitution of retainage. Any other law to the contrary notwithstanding, any public contract may provide that the procurement officer may enter into an agreement with the contractor which will allow the contractor to withdraw from time to time the whole or any portion of the sum retained under section 103-32.1 upon depositing with the procurement officer any general obligation bond of the State or its political subdivisions with a market value not less than the sum to be withdrawn; provided that the procurement officer may require that the total market value of such bond be greater than the sum to be withdrawn. [L 1976, c 167, pt of §1; am L 1977, c 32, §1; am L 1999, c 149, §8]
Structure Hawaii Revised Statutes
Title 9. Public Property, Purchasing and Contracting
103. Expenditure of Public Money and Public Contracts
103-1 What warrants prohibited.
103-4 Expenditure from general appropriation unlawful, when.
103-5 Emergency expenditures from general appropriations.
103-7 Capital improvements; authorizations for; emergency repairs or reconstruction, exception.
103-8.5 Works of art special fund.
103-9 False certificates or approval; penalty.
103-10 Payment for goods and services.
103-12 Capital improvement projects; personnel training; management.
103-23, 23.2, 23.5, 24 REPEALED.
103-24.5 REPEALED. L 1994, c 186, §20. Note L 1994, c 186, §28 purports to amend this section.
103-32.1 Contract provision for retainage; subcontractors.
103-32.2 Substitution of retainage.
103-33, 33.5, 34 to 39 REPEALED.
103-39.5 Construction, renovation, or repair of school facilities; county permit exemption.
103-40 Federal-aid highway contracts.
103-45.5 REPEALED. L 1997, c 352, §20.
103-50 Building design to consider needs of persons with disabilities; review fees.
103-53 Contracts with the State or counties; tax clearances, assignments.
103-55 Wages, hours, and working conditions of employees of contractors performing services.
103-55.5 Wages and hours of employees on public works construction contracts.
103-55.6 Public works construction; apprenticeship agreement.