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Bill > H3000


MA H3000

Relative to default insurance programs for certain public construction projects


summary

Introduced
02/16/2023
In Committee
02/16/2023
Crossed Over
Passed
Dead
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)

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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