This bill amends Minnesota Statutes 2024, section 15.72, by adding a new subdivision that mandates payment transparency in public contracts. It requires public contracting agencies to provide detailed payment information to contractors or subcontractors upon written request. The information must include the amount of the payment, the date it was made or approved, and a copy of the payment application submitted by the contractor. For highway construction contracts, an estimate or voucher generated by the agency can fulfill this requirement. The public contracting agency is obligated to respond to such requests within seven calendar days.

Additionally, the bill stipulates that public contracting agencies must provide subcontractors with contact information for payment inquiries and post this information on their websites if applicable. It also specifies that no fees may be charged to contractors or subcontractors for obtaining the required payment information. These provisions aim to enhance transparency and accountability in public contracting processes.

Statutes affected:
Introduction: 15.72, 337.10
1st Engrossment: 15.72, 337.10
2nd Engrossment: 15.72
3rd Engrossment: 15.72
1st Unofficial Engrossment: 15.72