06 LC
36 0208
House
Bill 1538
By:
Representatives Coan of the
101st
and Reese of the
98th
A
BILL TO BE ENTITLED
AN ACT
AN ACT
To
amend Title 13 of the Official Code of Georgia Annotated, relating to contracts,
so as to provide for the rejection of construction contracts when certain
subcontractors, low tier subcontractors, or materialmen do not provide required
insurance coverage; to provide for the definitions of certain terms; to prohibit
a general contractor or subcontractor from rejecting work completed, rejecting
material supplied, or withholding payment due to lack of conforming insurance
following acceptance of a policy or certificate of insurance; to provide certain
exceptions; to authorize a general contractor or subcontractor to reject a
policy or certificate in writing as nonconforming and withhold payment for work
performed or materials supplied; to provide for related matters; to provide for
an effective date; to repeal conflicting laws; and for other
purposes.
BE
IT ENACTED BY THE GENERAL ASSEMBLY OF GEORGIA:
SECTION
1.
Title
13 of the Official Code of Georgia Annotated, relating to contracts, is amended
by adding a new chapter immediately following Chapter 11 to read as
follows:
"CHAPTER
12
13-12-1.
(a)
As used in this chapter, the term:
(1)
'General contractor' shall have the same meaning as 'general contractor' defined
in paragraph (5) of Code Section 43-41-2.
(2)
'Lower tier subcontractor' means a person other than a contractor having a
direct contract with a subcontractor.
(3)
'Materialman' means any person furnishing materials.
(4)
'Materials' means those items for which liens are permitted under Chapter 14 of
Title 44, tools, appliances, machinery, or equipment used in making improvements
to the real estate, to the extent of the reasonable value or the contracted
rental price, whichever is greater, of such tools, appliances, machinery, or
equipment.
(5)
'Subcontractor' means, but is not limited to, subcontractors having privity of
contract with the contractor.
(b)
If a written construction contract requires a subcontractor, lower tier
subcontractor, or materialman to provide a policy or certificate of insurance to
the general contractor or another subcontractor for work performed or material
provided which extends coverage rights to an additional insured, the general
contractor or subcontractor may accept the policy or certificate or may reject
it as being nonconforming before the date the subcontractor or lower tier
subcontractor commences work or the materialman delivers material.
(c)(1)
If the general contractor or subcontractor does not reject the policy or
certificate in writing and state the specific reason for the rejection within
three business days after receiving the policy or certificate, the general
contractor or subcontractor shall be deemed to have accepted the policy or
certificate for work performed or materials supplied until such time as the
policy of certificate is specifically rejected in writing; provided, however,
that the general contractor or subcontractor may not be deemed to have accepted
a policy or certificate that does not comply with the insurance coverage limits
specified in the construction contract, that was knowingly and fraudulently
altered, or that reflects coverages or conditions that are not contained in the
underlying policy.
(2)
After accepting a policy or certificate, a general contractor or subcontractor
may not use the lack of conforming insurance as a reason to reject work
previously completed by a subcontractor or lower tier subcontractor, to reject
materials previously supplied by a materialman, or to withhold payment for work
previously completed or for material previously supplied; provided, however,
that the general contractor or subcontractor may reject work previously
completed or material previously supplied or may withhold payment for such work
or materials if the policy or certificate provided by the subcontractor, lower
tier contractor, or materialman:
(A)
Does not comply with the insurance coverage limits specified in the construction
contract;
(B)
Was knowingly and fraudulently altered or reflects coverages or conditions that
are not contained in the underlying policy; or
(C)
Is canceled, nonrenewed, or materially and adversely altered during the term of
the construction contract.
(d)
If the general contractor or subcontractor rejects a policy or certificate as
nonconforming in writing and states the specific reasons for rejection, any
provision of the contract requiring such insurance is unenforceable, and payment
may be withheld for work performed or materials supplied after the date of the
rejection of the policy or
certificate."
SECTION
2.
This
Act shall become effective on July 1, 2006.
SECTION
3.
All
laws and parts of laws in conflict with this Act are repealed.
