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MontanaSB 2969th Legislature, Regular Session (2025)SenateWALLET

Allow electronic submission of bonds for state construction projects

Sponsored By: John Esp (Republican)

Became Law

Bond Issues, PublicState GovernmentBuildings and Building Regulations

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Bill Overview

Analyzed Economic Effects

2 provisions identified: 0 benefits, 0 costs, 2 mixed.

10% bid security for state jobs

The law requires bid security equal to 10% of your bid for state or other government building or construction projects. The awarding entity may waive this requirement for projects under $150,000. The waiver only applies to projects that meet the law’s definition of building or construction.

Flexible bid bonds, including e-bonds

The law lists acceptable bid security: cash; cashier’s or certified check; bank money order; certificate of deposit; money market certificate; irrevocable letter of credit; bank draft; or a bid bond from a surety authorized in Montana. These must come from an FDIC‑insured bank, an insured credit union, or an authorized surety. Agencies may accept electronic bid bonds that are signed or verified by you and the surety. Agencies cannot require you to use a specific surety company or a particular insurance producer. If your company bids, an authorized person must sign the security, and your bond must match any form the bid request specifies.

Sponsors & Cosponsors

Sponsor

  • John Esp

    Republican • Senate

Cosponsors

  • Becky Edwards

    Democrat • House

Roll Call Votes

All Roll Calls

Yes: 293 • No: 2

Senate vote • 3/26/2025

Do Concur

Yes: 99 • No: 0

Senate vote • 3/25/2025

Do Concur

Yes: 99 • No: 0

Senate vote • 2/6/2025

Do Pass

Yes: 48 • No: 1

Senate vote • 2/5/2025

Do Pass

Yes: 47 • No: 1

Actions Timeline

  1. Chapter Number Assigned

    4/17/2025Senate

  2. Signed by Governor

    4/16/2025Senate

  3. Transmitted to Governor

    4/8/2025Senate

  4. Signed by Speaker

    4/7/2025House

  5. Signed by President

    4/1/2025Senate

  6. Returned from Enrolling

    3/28/2025Senate

  7. Sent to Enrolling

    3/26/2025Senate

  8. 3rd Reading Concurred

    3/26/2025House

  9. 2nd Reading Concurred

    3/25/2025House

  10. Committee Report--Bill Concurred

    3/20/2025House

  11. Committee Executive Action--Bill Concurred

    3/20/2025House

  12. Hearing

    2/12/2025House

  13. First Reading

    2/7/2025House

  14. Referred to Committee

    2/7/2025House

  15. Transmitted to House

    2/6/2025Senate

  16. 3rd Reading Passed

    2/6/2025Senate

  17. 2nd Reading Passed

    2/5/2025Senate

  18. Committee Report--Bill Passed

    2/3/2025Senate

  19. Committee Executive Action--Bill Passed

    1/31/2025Senate

  20. Hearing

    1/24/2025Senate

  21. Referred to Committee

    1/14/2025Senate

  22. First Reading

    1/6/2025Senate

  23. Introduced

    12/18/2024Senate

Bill Text

  • Enrolled

    4/15/2025

    PDF

  • As Amended (Version 2)

    3/27/2025

    PDF

  • Introduced

    12/11/2024

    PDF

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