Bill Text: VA HB1258 | 2010 | Regular Session | Introduced
Bill Title: Construction contracts; indemnification provisions.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2010-02-09 - House: Passed by in General Laws with letter by voice vote [HB1258 Detail]
Download: Virginia-2010-HB1258-Introduced.html
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10103742D Be it enacted by the General Assembly of Virginia: 1. That §11-4.1 of the Code of Virginia is amended and reenacted as follows: §11-4.1. Certain indemnification provisions in construction contracts declared void. A. Any
provision contained in any contract or in payment and
performance bonds or other documents relating to the
construction, alteration, repair or maintenance of a building, structure or
appurtenance thereto, including moving, demolition and excavation connected
therewith, or any provision contained in any contract relating to the
construction of projects other than buildings by which the contractor
performing such work purports to indemnify or hold harmless another party to
the contract against liability for damage arising out of bodily injury to
persons or damage to property suffered in the course of performance of the
contract, to the extent any such damage is caused
by or B. Any provision in any contract subject to this section requiring the contractor performing such work to provide insurance coverage, or to name a party to the contract as an additional insured on a policy of insurance, for the purpose of providing coverage for indemnity prohibited under this section is against public policy and is void and unenforceable. C. This section shall not otherwise affect the validity of any insurance contract, workers' compensation policy, any general agreements of indemnity required by sureties as a condition of execution of bonds for construction contracts, or any other agreement issued by an admitted insurer. D. The provisions of this section shall not apply to any provision of any contract entered into prior to July 1, 1973. |
