Bill
Bill > H3113
summary
Introduced
03/29/2021
03/29/2021
In Committee
03/29/2021
03/29/2021
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
192nd General Court
Bill Summary
Relative to default insurance programs for certain public construction projects. State Administration and Regulatory Oversight.
AI Summary
This bill amends the existing laws in Massachusetts to allow construction management at risk firms to obtain a subcontractor default insurance policy instead of requiring all trade contractors to obtain separate performance and payment bonds. The bill specifies that the intention to use a subcontractor default insurance policy must be made known to the trade contractors before they submit their bids, providing them with advance notice of this change in the bidding requirements.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
Accompanied a study order, see H4857 (on 09/15/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/192/H3113 |
| Bill | https://malegislature.gov/Bills/192/H3113.pdf |
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