AN ACT TO AMEND CHAPTER 25, TITLE 30, DELAWARE CODE, RELATING TO LICENSE REQUIREMENTS FOR CONTRACTORS.
Section 1. Amend Section 2502(a) of Chapter 25, Title 30, Delaware Code, by striking the words "awarding of a project" as the same appear in the first sentence thereof and substituting in lieu thereof the words "execution of a contract."
Section 2. Amend Section 2502(b) of Chapter 25, Title 30, Delaware Code, by striking the words "project in which the gross amount of that project is in excess of $1,000, said license to be obtained, and proof of said license compliance to be made prior to, or in conjunction with, the awarding of each single project to which he has been named; and shall, as a condition to obtaining a license for each such project, post a bond equal to double the amount of the gross payment under the contract for such project" as the same appear in the first sentence thereof and substituting in lieu thereof the words "contract in which the gross amount of that contract is in excess of $1,000, said license to be obtained, and proof of said license compliance to be made prior to, or in conjunction with, the execution of each single contract to which he has been named; and shall, as a condition to obtaining a license for each such contract, post a bond equal to double the amount of the gross payment under the contract for such contract."