Senate Commerce Committee Statement to Assembly, No. 953 — State of New Jersey (December 6, 2021)

Summary

A Senate Commerce Committee statement to Assembly, No. 953, State of New Jersey, dated December 6, 2021, reporting the bill favorably. The bill provides that an architect shall disclose to any other party to a contract for architectural services the type of professional liability insurance the architect carries, before the parties enter into an agreement. Any architect entering into a public contract for architectural services would be required to carry errors and omissions insurance. As reported, the bill is identical to Senate Bill No. 4031.

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SENATE COMMERCE COMMITTEE

STATEMENT TO

ASSEMBLY,
No. 953

STATE
OF NEW JERSEY

DATED: DECEMBER
6, 2021

The Senate Commerce Committee reports favorably
Assembly Bill No. 953.

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 Senate Bill No.
4031, as also reported by the committee.

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