HB 1311 Colorado 2026A session
Retainage Surety Bond Construction Contracts
Under Colorado law, a private property owner is prohibited from retaining more than 5% of a construction contract as retainage if the contract is at least $150,000. The act authorizes a contractor to submit a retainage bond in lieu of withholding retainage, and a private property owner must accept the retainage bond and not withhold the retainage if the retainage bond meets the act's standards. A subcontractor may require the contractor to submit a bond in lieu of retainage for the subcontractor's portion of the retainage. The contractor may require the subcontractor to submit a like bond to the contractor.(Note: This summary applies to this bill as enacted.)
Status
- Introduced
- Committee
- Floor vote
- Passed
- Enacted
Enacted — last recorded action May 7, 2026
Governor Signed
Recorded votes
Refer House Bill 26-1311 to the Committee of the Whole.
0 yes · 0 no · pass March 31, 2026
Refer House Bill 26-1311 to the Committee of the Whole.
0 yes · 0 no · pass March 18, 2026
Passage likelihood
Not enough recorded signal to estimate this bill's chances.
State-level impact
State-level impact data is not available for this bill. The source text does not contain a per-state funding formula or scored breakdown, so no figures are shown.
Official actions
- Governor Signed
- Signed by the Speaker of the House
- Signed by the President of the Senate
- Sent to the Governor
- Senate Third Reading Passed - No Amendments
- Senate Second Reading Passed - No Amendments
- Senate Committee on Finance Refer Unamended to Senate Committee of the Whole
- Introduced In Senate - Assigned to Finance
- House Third Reading Passed - No Amendments
- House Second Reading Special Order - Passed with Amendments - Floor
- House Committee on Business Affairs & Labor Refer Unamended to House Committee of the Whole
- Introduced In House - Assigned to Business Affairs & Labor