bolt holes in compression members - net area
 

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.