Register January 2011 No. 661
Chapter DWD 293
PAYMENT AND PERFORMANCE ASSURANCE REQUIREMENTS
DWD 293.01   Payment and performance assurance requirements.
DWD 293.02   Indexing of contract thresholds for payment and performance assurance requirements.
DWD 293.01 DWD 293.01 Payment and performance assurance requirements. The department of workforce development shall biennially adjust the contract prices that determine the payment and performance assurance requirements that apply to contracts with state and local governments for the performance of labor or furnishing materials for a public improvement or public work. These contract prices shall be adjusted on the basis of the change in the construction cost index as published in the engineering news-record and will be rounded to the nearest thousand. No adjustment shall be made for a biennium if the adjustment to be made would be less than 5%.
DWD 293.01 Note Note: The Engineering News–Record is a weekly publication of the McGraw–Hill Companies, 1221 Avenue of the Americas, New York, NY 10020. A construction cost index is published in the "Construction Economics" section of each issue.
DWD 293.01 History History: CR 02-011: cr. Register June 2002 No. 558, eff. 7-1-02.
DWD 293.02 DWD 293.02 Indexing of contract thresholds for payment and performance assurance requirements.
DWD 293.02(1)(1) State contracts.
DWD 293.02(1)(a)(a) The payment and performance assurance requirements in s. 779.14 (1m) (c) 1., Stats., shall apply to contracts with the state for the performance of labor or furnishing materials for a public improvement or public work with a contract price exceeding $16,000 but not exceeding $148,000.
DWD 293.02(1)(b) (b) The payment and performance assurance requirements in s. 779.14 (1m) (c) 2., Stats., shall apply to contracts with the state for the performance of labor or furnishing materials for a public improvement or public work with a contract price exceeding $148,000 but not exceeding $369,000.
DWD 293.02(1)(c) (c) The payment and performance assurance requirements in s. 779.14 (1m) (c) 3., Stats., shall apply to contracts with the state for the performance of labor or furnishing materials for a public improvement or public work with a contract price exceeding $369,000.
DWD 293.02(2) (2)Local government contracts.
DWD 293.02(2)(a)(a) The payment and performance assurance requirements in s. 779.14 (1m) (d) 1., Stats., shall apply to contracts, other than contracts with the state, for the performance of labor or furnishing materials for a public improvement or public work with a contract price exceeding $16,000 but not exceeding $74,000.
DWD 293.02(2)(b) (b) The payment and performance assurance requirements in s. 779.14 (1m) (d) 2., Stats., shall apply to contracts, other than contracts with the state, for the performance of labor or furnishing materials for a public improvement or public work with a contract price exceeding $74,000 but not exceeding $148,000.
DWD 293.02(2)(c) (c) The payment and performance assurance requirements in s. 779.14 (1m) (d) 3., Stats., shall apply to contracts, other than contracts with the state, for the performance of labor or furnishing materials for a public improvement or public work with a contract price exceeding $148,000.
DWD 293.02 History History: CR 02-011: cr. Register June 2002 No. 558, eff. 7-1-02; emerg. am., eff. 1-1-04; CR 04-006: am. Register May 2004 No. 581, eff. 6-1-04; emerg. am., eff. 1-1-06; CR 06-004: am. Register May 2006 No. 605, eff. 6-1-06; emerg. am. (1) and (2), eff. 1-1-08; CR 08-003: am. Register May 2008 No. 629, eff. 6-1-08; CR 10-029: am. Register January 2011 No. 661, eff. 2-1-11.
Loading...
Loading...
Published under authority of s. 35.93, Stats. Updated on the first day of each month. Entire code is alwaycurrent. The date shown on each chapter is the date the chapter was last published.