127th MAINE LEGISLATURE
LD 587 LR 1018(02)
An Act Regarding Contract Indemnification
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Labor, Commerce, Research and Economic Development
Fiscal Note Required: Yes
             
Fiscal Note
Potential current biennium cost increase - Highway Fund
Potential current biennium cost increase - Maine Turnpike Authority
Fiscal Detail and Notes
This legislation prohibits certain indemnification agreements in construction contracts. The uncertainty over who is financially responsible for injuries and damages on construction projects could increase the complexity and expense of litigation and ultimately raise construction costs to the Department of Transportation or the Maine Turnpike Authority.