Chapter 1356. Regulating the retent on contracts with the District of Columbia
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CHAP. 1356.— An Act Regulating the retent on contracts with the District of Columbia. March 31, 1906. [[H. R. 125](/us/bill/34/hr/125).] [[Public, No. 76](/us/pl/34/76).] *Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled*, District of Columbia.Retent on contracts with, for repair purposes. That on all contracts made by the District of Columbia for construction work there shall be held a retent of ten per centum of the cost of such construction work as a guaranty fund to keep the work done under such contracts in repair, and that the terms of such contracts shall be strictly and faithfully Pavements.performed.
On contracts for the construction of asphalt, tar, brick, cement, or stone pavements the retent shall be held for a term of five Bridges.years from the date of completion of the contract. On contracts for the construction of bridges and sewers the retent shall be held for a Buildings.term of one year from the date of completion of the contract. On contracts for the construction of buildings, and other contracts for construction work, the retent shall be held until the completion of the Deposit of relents.work.
All retents for one year or more shall be deposited with the Treasurer of the United States as now required by law. Sec. 2. Completed contracts for. sewers, etc., included.*Post,* p. 929.That this Act shall cover and comprehend all contracts for the construction of bridges and sewers as herein specified, which are now completed by the contractors according to their contracts and accepted by the Board of Commissioners of the District of Columbia. Sec. 3. Repeal.That all laws or parts of laws inconsistent with the provisions hereof are hereby repealed.
Approved, March 31, 1906.