bolt holes in compression members - net area

huangyhg

bolt holes in compression members - net area
is there a basis for looking at the net area due to bolt holes in a compression member?  to compound matters, these are slip-critical bolts.  the holes would be located a significant distance from the ends of the compression member.
intuitively i would assume that any localized stress increase at the bolt hole location would not be a big concern for pure compression, particularly for a bearing connection.  in my brief scanning of the asd and lrfd manuals, as well as salmon and johnson, this seems to be the case.  however, for a slip-critical connection i'm not so sure.  any advice would be greatly apprectiated.  thanks so much.