An Act amending the act of May 1, 1933 (P.L.103, No.69), known as The Second Class Township Code, in contracts, further providing for letting contracts.

This bill amends Pennsylvania's Second Class Township Code to clarify bonding requirements for township contracts. It requires successful bidders to provide a performance bond or equivalent financial guarantee within 20 days of contract award, with the amount set between 10% and 100% of the contract value. If the bond isn't provided within that timeframe, the contract becomes void. The change directly affects second-class townships when awarding construction or service contracts.