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Back to Council file resultsBill 260458

This bill changes the rules for bonds related to city contracts, affecting companies that do business with the city. It updates requirements for performance and payment bonds, and adds disclosure and monitoring of bond costs. This change aims to impact how city contracts are managed and paid for.

Amending Section 17-103 of The Philadelphia Code, entitled "Bonds Relating to Procurement Contracts" to amend requirements related to performance and payment bonds on certain contracts and providing for disclosure and monitoring of the bond acquisition cost, all under certain terms and conditions.

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File details

Status
Enacted
Type
Bill
Introduced
May 7, 2026
Sponsors
Council President Johnson, Councilmember Gilmore Richardson

File history

What happened to this bill?

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  2. Council ActionCITY COUNCIL

    SUSPEND THE RULES OF THE COUNCIL

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    Official action detail

    This Bill was SUSPEND THE RULES OF THE COUNCIL.

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    2 routine procedural eventsCITY COUNCIL
    ProceduralCITY COUNCIL

    READ AND ORDERED PLACED ON NEXT WEEK'S SECOND READING CALENDAR

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    This Bill was READ AND ORDERED PLACED ON NEXT WEEK'S SECOND READING CALENDAR.

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    ProceduralCITY COUNCIL

    ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR

    Procedural action without a posted tally.

    0:0
    Official action detail

    This Bill was ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR.

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