45 chapters · 433 sections in this title.
R.I. Gen. Laws § 37-12-1. Contractors required to give bond — Terms and conditions
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Every person (which word for the purposes of this chapter shall include a copartnership, a number of persons engaged in a joint enterprise, or a corporation), before being awarded a contract by the department of transportation or by the department of administration, as the case m…
R.I. Gen. Laws § 37-12-10. Retainers relating to contracts for public works, sewer, or water main construction
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(a) Upon substantial completion of the work required by a contract aggregating in amount less than five hundred thousand dollars ($500,000) for the construction, reconstruction, alteration, remodeling, repair, or improvement of sewers and water mains, or any public works project …
R.I. Gen. Laws § 37-12-10.1. Contractor/subcontractor retainage
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(a) No contract for construction, as defined in § 5-65-1, or for state or municipal public works projects, as defined in this title, excluding contracts under § 37-12-10, shall include retainage that exceeds five percent (5%) of any progress payment. (b) Not later than fourteen (…
R.I. Gen. Laws § 37-12-11. Substitution of securities for retained earnings
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(a) Where any public works contract as defined by § 37-13-1 provides for the retention of earned estimates by the state of Rhode Island, the contractor may, from time to time, withdraw the whole or any portion of the amount retained for payments to the contractor pursuant to the …