Bill Banning Fraudulent Contractors Clears NJ Senate Panel

Law360, New York (September 13, 2012, 7:43 PM EDT) -- A New Jersey Senate panel approved legislation Thursday that would permanently disqualify contractors that defraud the government from bidding on public contracts.

The bill, sponsored by state Sen. Shirley K. Turner, D-Mercer, cleared the Senate State Government, Wagering, Tourism & Historic Preservation Committee in a unanimous vote without any opposition from the public.

Turner announced the legislation in response to the sentencing of two Union County contractors who received probation, fines and five-year bans on public contracts for rigging bids and inflating school contracts for the...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.