Chapter 1. Private Contractors and Subcontractors Prompt Payment.

If a contract provides for specific dates or times of payment, the owner shall pay to the contractor undisputed amounts owed within 7 days after the date or ...

Revised Statutes of Missouri, RSMo Section 8.960 - MO.gov

6. Nothing in this section shall prevent the owner from withholding payment or final payment from the contractor, or a subcontractor or material supplier.

District of Columbia Official Code | Chapter 1 - Casetext

Chapter 1 - PRIVATE CONTRACTOR AND SUBCONTRACTOR PROMPT PAYMENT · Section 27A-101 - Definitions · Section 27A-102 - Prompt payments to contractors · Section 27A- ...

Missouri Prompt Payment Guide and FAQs - Levelset

Final payments to the prime contractor must be released within 30 days of completion of the project. As for all other payments to subcontractors and suppliers, ...

D.C. Law 20-34. Private Contractor and Subcontractor Prompt ...

BE IT ENACTED BY THE COUNCIL OF THE DISTRICT OF COLUMBIA, That this act may be cited as the "Private Contractor and Subcontractor Prompt Payment Act of 2013".

Prompt Payment Rules, Requirements & FAQs - Levelset

They set payment timeframes on federal, state, and/or private construction projects. These laws provide extra protection to contractors and subcontractors to ...

2023 District of Columbia Code :: Title 27A - Private Contractors and ...

Chapter 1 - Private Contractors and Subcontractors Prompt Payment. Next · § 27A–101. Definitions · § 27A–102. Prompt payments to contractors ...

Missouri: State-by-State Summary of Prompt Payment

Prime Contractor to Subcontractor (Public): 15 days after receipt of payment from owner. Interest/Penalties (Public): Interest at a rate of 1.5% per month.

Prompt payments to subcontractors, D.C. Code § 27A-104 - Casetext

(b) Notwithstanding subsection (a) of this section, conditions of payment to the subcontractor on receipt by the contractor of payment from the owner may not ...

Prompt Payment Laws Continue to Trend in Favor of Contractors

Prompt payment laws continue to disrupt the construction industry, eliminating past practices by requiring timely payments for contractors, subcontractors, and ...

52.232-27 Prompt Payment for Construction Contracts.

(1) Prompt payment for subcontractors. A payment clause that obligates the Contractor to pay the subcontractor for satisfactory performance under its ...

Prompt Payment Laws in the 50 States | Kegler Brown

210(a)(1). 8 working days after the subcontractor receives payment from the prime contractor. § 36.90.210(b)(2). Interest at the legal rate for payments due the.

Federal and Local Prompt Payment Statutes - Cohen Seglias

Washington, DC. Washington, DC's Prompt Pay Act applies to first and second tier subcontractors on private construction projects. It does not apply to.

Changes to Construction Prompt Payment Act: What It Means for ...

In 2023, the Private Contractor and Subcontractor Prompt Payment Act of 20131 (the Act) was amended to include additional protections for ...

DC Code Title 27, Chapter 1, Subchapter II (2022) - Private ...

Chapter 1 - Merchant's Civil Recovery for Criminal Conduct Subchapter II - Private Contractor and Subcontractor Prompt Payment. Previous · § 27–131. Definitions ...

31 USC Ch. 39: PROMPT PAYMENT - U.S. Code

(B) such prime contractor agrees to make payments to such subcontractor in accordance with such accelerated payment date, to the maximum extent practicable, ...

PROPERTY CODE CHAPTER 28. PROMPT PAYMENT TO ...

The payment required by this subsection must be made not later than the seventh day after the date the subcontractor receives the contractor's payment. Added by ...

Part 32 - Contract Financing | Acquisition.GOV

32.009 Providing accelerated payments to small business contractors and to prime contractors that subcontract with a small business concern. 32.009-1 General.

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.

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 ...