N.J. Admin. Code § 13:27-7A.4

Current through Register Vol. 56, No. 21, November 4, 2024

Section 13:27-7A.4 - Disclosure of significant beneficial interest

(a) When an architect has a significant beneficial interest in a contractor for whom the architect performs architectural services in connection with a design build contract, prior to the parties entering into the contract, the architect shall:

1. Disclose the significant beneficial interest to the owner or developer in writing and obtain the owner or developer's written consent indicating that the owner or developer is aware of the significant beneficial interest, understands that the architect is bound to a standard of independent professional judgment consistent with 13:27-7A.3(a)2, and that the owner or developer consents to the architect's participation in the project; and

2. Ascertain that the contract between the contractor and the owner or developer discloses the significant beneficial interest and states that regardless of the significant beneficial interest, the architect shall comply with a standard of independent professional judgment consistent with 13:27-7A.3(a)2.

N.J. Admin. Code § 13:27-7A.4