CO HB1261

Construction professionals must provide claimants with project documents within 60 days of receiving a notice of claim, including plans, specifications, soils reports, maintenance recommendations, names and addresses of all subcontractors, and copies of insurance policies

Prevailing claimants in residential construction defect cases receive mandatory 8% annual prejudgment interest, compounded from the date of the first notice of claim

Contract provisions that prohibit group lawsuits against construction professionals or impose requirements beyond state statute to bring legal action are void and unenforceable

Statute of limitations for construction defect claims now requires discovery of both the physical manifestation and the cause of the defect before the limitations period begins

Department of Regulatory Agencies must report annually on construction liability insurance, including insurer listings, rates charged, coverage terms, and rate-setting methodologies beginning January 1, 2026