Choice Home Warranty (CHW)
|Matter Type:||State Attorney General|
|Relevant Jurisdiction(s):||Superior Court of New Jersey|
|Reporting Agencies:||State Attorney General|
|Resolution Form:||Consent Judgement|
|Agreement Date:||June 9, 2015|
|Monitor Reference Term:||Independent Compliance Monitor|
|Monitorship Term:||2 Years|
|Monitor Selection Process:||
Host Organization shall retain an Independent Compliance Monitor, approved in advance by the Reporting Agency.
|Time to Propose Monitors:||Not Specified|
|Time to Engage Monitor:||30 days|
|Time to First Report:||60 days|
|Monitor Required Qualifications:||
Familiar with the terms of the Consent Judgment; Cannot have any direct or indirect interest in Host Organization or Reporting Agency.
|Summary of Monitor's Scope:||
Monitor compliance with Agreement.
|Summary of Monitor's Activities:||
Monitor compliance with the terms of the Agreement, as well as with all applicable State laws; Monitor compliance with internal policies; Evaluate the adequacy of internal policies and procedures to ensure compliance with all applicable State laws, and recommend any changes; Provide written quarterly reports to the Reporting Agency.
Cannot be employed or affiliated with Host Organization for at least 1 year after end of Monitorship. Cost of Monitor not to exceed $100,000, regardless of length of Monitorship.