Oregon Revised Statutes Chapter 200 § 200.190 — Deposit of one percent of highway construction contract amount
Oregon Revised Statutes Chapter 200 ·
Oregon Code § 200.190·Enacted ·Last updated March 01, 2026
Statute Text
Deposit of one percent of highway construction contract amount.
The Department of Transportation,
when undertaking a public improvement highway construction contract, shall
deposit with the State Treasurer an amount equal to not more than one percent
of the contract award amount. The State Treasurer shall credit the amount
reserved to the Emerging Small Business Account established in the State
Highway Fund. The deposit must be made within 30 days of the date on which the
contract award is made. [1991 c.517 §5; 1993 c.744 §189c; 2005 c.683 §11]
Plain English Explanation
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Key Points
01Part of Oregon statutory law
02Referenced as Oregon Code § 200.190
03Subject to legislative amendments
04Consult a licensed attorney for application to specific cases
Frequently Asked Questions
This section of Oregon law addresses Deposit of one percent of highway construction contract amount. Read the full statute text above for details.
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