Requires public contractors to obtain insurance to cover at least half of a project's construction costs to the State to provide funds for curing construction defects discovered within ten years after the completion of the contract. Authorizes the State to institute an action against the contractor for the total costs of curing those defects.
- Chamber
- House
- Introduced
- Jan 17, 2025
- Last action
- Jan 17, 2025 — Pending introduction.
- Session
- 2026
- Momentum
- 45 · Moderate