A 1449 New Jersey General Assembly · 2024-2025 Regular Session

Requires entities performing certain construction services on public contracts to carry errors and omissions insurance.

This bill requires contractors performing specific construction services - like civil design, engineering, or plumbing design - for public projects funded by government or educational funds to carry specialized errors and omissions insurance. It directly affects construction professionals and firms bidding on public contracts under New Jersey’s Local Public Contracts Law, Public School Contracts Law, or similar statutes. The bill mandates that contractors provide proof of insurance to the government entity before awarding contracts and makes the insurance declarations page publicly available on relevant state or municipal websites. This creates a concrete requirement for professional liability coverage, distinct from standard insurance, to address potential negligence or mistakes in these high-stakes services.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2024 Last action Jan 9, 2024
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Jan 9, 2024
Introduced
Introduced in the Assembly, Referred to Assembly Financial Institutions and Insurance Committee
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Robert Karabinchak
Robert Karabinchak
DDemocratic
NJ
18