Construction Industry Payment Protection Act of 1999

Construction Industry Payment Protection Act of 1999 - Amends the Miller Act to: (1) require the amount of a payment bond required for any contract for the construction, alteration, or repair of any public building or public work of the United States to be equal to the total amount payable by the terms of the contract unless the contracting officer determines that such amount is impractical, in which case such officer shall set a different amount that cannot be less than the amount of the required performance bond; (2) permit notice of an action on a payment bond by a subcontractor to be served by any means which provides written, third-party verification of delivery; (3) provide that any waiver of the right to sue on a required payment bond shall be void unless it is in writing, signed, and executed after the covered labor or material has been furnished. Requires proposed revisions to the Government-wide Federal Acquisition Regulation to implement this Act to be published within 120 days after enactment and final regulations to be published within 180 days after enactment.

Congressional Research Service · 1999-08-02