Senate Commerce Committee Statement - Senate Bill No. 4031 (State of New Jersey, December 6, 2021)

Summary

The New Jersey Senate Commerce Committee reported Senate Bill No. 4031 favorably on December 6, 2021, identical to Assembly Bill No. 953. It requires architects to disclose their professional liability insurance before contracting and to carry errors and omissions insurance on public contracts.

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“Senate Commerce Committee Statement - Senate Bill No. 4031 (State of New Jersey, December 6, 2021).” Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2021-12-06-scm-s4031-s1-ebeff200f2/, SHA-256 05f04e6f724a20e93eec856c144d316caf534fc6770526ccad8049311118880b.

Full text

     SENATE COMMERCE COMMITTEE

                    STATEMENT TO

                  SENATE, No. 4031

 STATE OF NEW JERSEY
                   DATED: DECEMBER 6, 2021

    The Senate Commerce Committee reports favorably Senate Bill
No. 4031.
   This bill provides that an architect shall disclose to any other
party to a contract for architectural services the type of professional
liability insurance carried by the architect. The disclosure shall be
made prior to the parties entering into an agreement for
architectural services.
   In addition, the bill requires that any architect entering into a
public contract for architectural services is required to carry errors
and omissions insurance.
   As reported, this bill is identical to Assembly Bill No. 953, as also
reported by the committee.

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