Bill
Bill > H3000
MA H3000
Relative to default insurance programs for certain public construction projects
summary
Introduced
02/16/2023
02/16/2023
In Committee
02/16/2023
02/16/2023
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
193rd General Court
Bill Summary
Relative to default insurance programs for certain public construction projects. State Administration and Regulatory Oversight.
AI Summary
This bill amends Section 8 (a) of Chapter 149A of the General Laws to allow construction management at-risk firms to obtain a subcontractor default insurance policy in lieu of requiring all trade contractors to obtain payment and performance bonds for public construction projects. The intention to use a subcontractor default insurance policy must be made known by the awarding authority and construction manager at-risk firm prior to the receipt of trade contractor bids.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
Accompanied a study order, see H4675 (on 06/10/2024)
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/193/H3000 |
BillText | https://malegislature.gov/Bills/193/H3000.pdf |
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