(a)  The first five hundred thousand dollars ($500,000) of any arbitration award or superior court judgment against the state awarding damages on a contract claim under the provisions of this chapter shall be a necessary governmental expense. Payment shall be approved by the chief purchasing officer and paid by the state treasurer out of the general fund upon warrants drawn by the chief purchasing officer. Appropriations for these judgments shall be continued appropriations.

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Terms Used In Rhode Island General Laws 37-2-50

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Contract: A legal written agreement that becomes binding when signed.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.

(b)  The governor shall request an appropriation from the next regular session of the general assembly for the purpose of satisfying all awards and judgments granted during the preceding two (2) fiscal years which are not satisfied under subsection (a) of this section.

History of Section.
P.L. 1989, ch. 526, § 2.