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CT HB06598
Bill
Status
6/21/2011
Primary Sponsor
Eric Coleman
Click for details
AI Summary
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Establishes offer of compromise procedures for construction contract arbitration disputes, allowing either party to make a single written settlement offer before final award is issued
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Requires responding party to accept or reject compromise offer within 30 days by certified mail; rejection is final and offer cannot be accepted later
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Awards 8% annual interest plus attorney's fees and costs to the offering party if they recover an arbitration award equal to or greater than their stated compromise amount
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Voids any construction contract provision requiring disputes be mediated, arbitrated or adjudicated under laws of states other than Connecticut
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Changes ethics violation language to specify that persons "found in violation" of ethics provisions by the Office of State Ethics may be deemed nonresponsible bidders for state contracts
Legislative Description
An Act Concerning Offers Of Compromise In Construction Contract Arbitration Proceedings, Mediation And Arbitration Of Construction Contracts, And Ethical Violations Concerning Bidding And State Contracts.
Last Action
Signed by the Governor
7/8/2011