HB 3265
Requires the Oregon Department of Administrative Services to study alternative methods to implement retainage provisions in public improvement contracts.
Jurisdiction
Oregon
Session
2025 Regular Session
Committee
Commerce and Consumer Protection
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill directs the Oregon Department of Administrative Services to conduct a study on how to better manage retainage – a percentage of a contractor’s payment held back to ensure work is completed satisfactorily – in public improvement contracts. The department is tasked with exploring alternative methods and submitting its findings, including potential legislative recommendations, to the Legislative Assembly’s interim committees by September 15, 2026. This study aims to improve the process of ensuring contractors fulfill their obligations on public projects.
Key provisions
- The Oregon Department of Administrative Services must conduct a study.
- The study will focus on alternative methods for implementing retainage.
- The department must submit a report with recommendations to the Legislative Assembly.
- The report is due by September 15, 2026.
- The report may include recommendations for new legislation.
Who is affected
- Oregon Department of Administrative Services
- Contractors involved in public improvement projects
- Legislative Assembly committees overseeing public procurement
Notable changes
- The bill mandates a study of current retainage practices.
- It requires the Department of Administrative Services to propose potential legislative changes.
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