HI HB1355

Requires procurement officers to document their determination on whether to pursue damages against design professionals or contractors for construction cost overruns, identifying the factors used in the decision.

Establishes a publicly available list maintained by the chief procurement officer of construction companies and design professionals in noncompliance with procurement law or owing penalties, with a five-year retention period on the list.

Designates construction cost overruns as a tort under Hawaii's design claim conciliation law (Chapter 672B) and as a construction defect under the contractor repair act (Chapter 672E).

Requires competitive sealed bids to include a liability contingency fund as a percentage of project cost (percentage amount not specified) and mandates procurement officer training on holding design professionals contractually liable for professional standard breaches.

Establishes a procurement professional standards task force co-chaired by the state comptroller and chief procurement officer to develop professional standards for non-state procurement parties, with a report due twenty days before the 2022 legislative session.