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NJ A4217

Bill

Status

Introduced

6/10/2013

Primary Sponsor

Louis Greenwald

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Origin

General Assembly

2012-2013 Regular Session

AI Summary

Legislative Description

Permits contractor in certain construction contracts with State college to choose between a retainage deduction from monthly progress payments or depositing a bond; allows 2% retainage deduction of amount due on each partial payment.

Substituted by another Bill

Last Action

Substituted by S2737

6/24/2013

Committee Referrals

Higher Education6/10/2013

Full Bill Text

No bill text available