Comments: NJ A4217 | 2012-2013 | Regular Session

Bill Title: 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.

Sponsorship: Slight Partisan Bill (Republican 3-1)

Status: (Introduced - Dead) 2013-06-24 - Substituted by S2737 [A4217 Detail]

Text: Latest bill text (Introduced) [HTML]

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