When an election is made to place amounts reserved under chapter 38, Laws of 1970 1st ex. sess. (RCW 60.28.010), in escrow, the contractor and the agency shall select a bank or trust company, agreeable to both, to act as an escrow agent.
Wash. Admin. Code § 82-32-030
Order 12, § 82-32-030, filed 10/28/70.