Massachusetts H3401 mandates a two-year completion schedule for state construction projects with financial penalties for delays.
Massachusetts H3401 requires all contracts for state construction projects to specify a two-year completion schedule. Failure to meet this schedule results in a financial penalty of ten percent of the contract value, levied monthly until completion. Contractors facing unforeseen issues can appeal for a six-month extension. The commissioner of the division of capital asset management and maintenance will establish the rules for these appeals. This act takes effect upon passage.
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