What is the difference between a Contractor Bid Letter and a Contractor Release of Retainage?
A. Government entities can only accept bids for Public Works Contracts from bidders who have an Employment Security account number. Bidders and subcontractors must verify that they are registered with Employment Security and have an Employment Security account number before they begin the bidding process on a Public Works Contract. The Employment Security Department is responsible for receiving requests from bidders for a Public Works Contract and providing them with a letter of certification of their account number status. This letter is the Contractor Bid Letter. The Contractor Release of Retainage comes when a contractor completes a Public Works Contract and the Department of Revenue mails the Employment Security Department a copy of the Notice of Completion. Services performed by a contractor under a Public Works Contract in the State of Washington must be investigated to determine if a liability to the Department exists. When the employer has paid their account in full, the Employ
A. Government entities can only accept bids for Public Works Contracts from bidders who have an Employment Security account number. Bidders and subcontractors must verify that they are registered with Employment Security and have an Employment Security account number before they begin the bidding process on a Public Works Contract. The Employment Security Department is responsible for receiving requests from bidders for a Public Works Contract and providing them with a letter of certification of their account number status. This letter is the Contractor Bid Letter. The Contractor Release of Retainage comes when a contractor completes a Public Works Contract and the Department of Revenue mails the Employment Security Department a copy of the Notice of Completion. Services performed by a contractor under a Public Works Contract in the State of Washington must be investigated to determine if a liability to the Department exists. When the employer has paid their account in full, the Employ