Chapter 1. Private Contractors and Subcontractors Prompt Payment.

Prompt Pay Laws: Federal, District of Columbia, Virginia & Maryland

Any public subcontract must require each subcontractor to include the same payment and interest requirements in any lower-tier subcontracts.

The Distinction Between Private and Public Construction Payment Acts

These statutes aim to protect contractors and subcontractors by providing guidelines for prompt payment, and their purpose is often ...

Statutory Right to Prompt Payment - Or Maybe Not

These “prompt payment” statutes typically require an owner to pay a contractor (and a contractor to pay a subcontractor) within a certain number ...

Top 5 Construction Litigation Questions from Private Sector Owners ...

If there is no written contract or the contract does not include a payment schedule, then the owner must pay within 21 days after the date the prime contractor ...

Understanding the Texas Prompt Payment Act - Porter Hedges LLP

Contractors to Subcontractors: Contractors must pay their subcontractors and suppliers within 7 days of receiving payment from the owner for the ...

What Contractors Need to know about Maine's Prompt Payment Act

Maine's Prompt Pay Act governs the time in which payments must be made to contractors and subcontractors on public and private construction projects across the ...

California Prompt Payment Laws for Progress and Retention ...

California Prompt Payment Laws for Progress and Retention Payments on Private and Public Works Construction Projects · Payment to Contractor by Owner w/in 30 ...

It Doesn't Pay to Delay: Prompt Payment Acts in Texas

The general contractor, in turn, must pay subcontractors within 7 days of receiving payment from the owner. The same deadline is imposed on ...

Prompt Payment Act | New Jersey Construction Law Lawyers ...

Contractors and subcontractors must pay their subs within ten days after other work is accepted by the owner and they receive payment unless their subcontract ...

It Doesn't Pay to Delay: Prompt Payment Acts in Texas | Gray Reed

Under both the private and public prompt pay acts in Texas, general contractors and subcontractors now have a right to stop work if an owner ...

NC General Statutes - Chapter 22C

Chapter 22C. Payments to Subcontractors. § 22C-1. Definitions. Unless the context otherwise requires in this Chapter: (1). "Contractor" means a person who ...

S.C. Code 29-6-30 - South Carolina Legislature

426, Section 1. SECTION 29-6-30.Time and manner of making payment to contractors and subcontractors. ... HISTORY: 1990 Act No. 426, Section 1.

Elimination of Pay if Paid Clauses and Addition of Prompt Pay ...

Any public general contract now “requires” any subcontract to include an affirmative payment obligation from the general contractor and the ...

Arizona Prompt Payment Act | Lang Thal King & Hanson

On private-sector construction projects, a licensed contractor or ... Unlicensed contractors and subcontractors cannot enforce the prompt payment law.

What must engineers consider about prompt pay statutes? - ASCE

The statutes are designed to ensure that contractors and subcontractors doing business with public owners and agencies receive payment promptly (even on ...

Section 4113.61 - Ohio Revised Code - Ohio Laws

(5) A contractor, subcontractor, or lower tier subcontractor shall pay a laborer wages due within ten days of payment of any application or request for payment ...

The Texas Prompt Payment Act for Construction Projects

It is a state law that provides legal protection for contractors and subcontractors who work on construction projects in Texas.

Private Construction Projects Impacted by Changes to NY Prompt ...

Further, the amended Section 756-a now allows contractors to submit their final invoice for payment to the owner upon achieving substantial ...

New Amendments to Virginia's “Prompt Payment” Law Take Effect ...

Contractors (defined as the entity in direct contract with the state agency) are required to pay subcontractors and suppliers within 60 days ...

What To Know About The Georgia Prompt Pay Act - KPPB LAW

Contractors have 10 days to pay subcontractors. After this, they must pay interest to the subcontractor, just as an owner would be required to ...