Prompt Payment Acts (Private Projects): State Comparison Chart | Practical Law

Prompt Payment Acts (Private Projects): State Comparison Chart | Practical Law

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Prompt Payment Acts (Private Projects): State Comparison Chart

Practical Law Checklist w-000-7032 (Approx. 50 pages)

Prompt Payment Acts (Private Projects): State Comparison Chart

by Practical Law Real Estate
Law stated as of 16 Feb 2024ExpandAlabama, Alaska, Arizona...Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, USA (National/Federal), Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
A Chart providing a state-by-state overview of prompt payment legislation applicable to privately owned or financed construction contracts. It covers payments due to prime contractors and subcontractors, interest, and penalties triggered by late payment, retainage requirements, and enforceability of pay-if-paid clauses. This Chart is a useful tool for a party to a private construction project and its counsel. This Chart is updated semi-annually.