❌ SB262
Require construction contracts note variation from standard form
Current Status: In Senate Committee (General Government)
Summary
The bill requires public authorities or other parties involved in construction contracts to note any variations from an industry standard form. It mandates that alterations to the standard form be clearly indicated, and failure to do so renders the alterations void. The bill applies to contracts entered into on or after its effective date.
Rationale
The bill imposes additional requirements on construction contracts, which may conflict with the LP and LPO principles of minimal government intervention and free market operations. It may be seen as increasing government control over contractual agreements, which is contrary to the platforms' emphasis on individual rights and economic freedom.
Risks and Concerns
- Increased government control over private contracts
- Potential for cronyism in public contracting
- Limits on the freedom to contract freely