Ohio Prompt Pay Act | Payment Help for OH Contractors
The Ohio Prompt Pay laws regulate the timing of payments on both public and private projects. Late payment is a problem in the construction industry as a whole. In order...
Get help with everything you need to know about construction payments.
The Ohio Prompt Pay laws regulate the timing of payments on both public and private projects. Late payment is a problem in the construction industry as a whole. In order...
Retainage is the withholding of a percentage of payment to ensure the successful completion of construction projects. Since cash flow is so vital to the success of a project, many...
Construction trust fund statutes are meant to protect lower-tiered project participants by ensuring they get paid what they’ve earned. These are meant not only to protect payments to contractors, subs,...
The Nevada Prompt Payment Acts were enacted to ensure that anyone working on a private or public project within the state are paid in a timely fashion. This is achieved...
Withholding retainage on construction projects is commonplace. Given the inherent risk of abuse, states have enacted various laws to oversee this practice as best they can. Pennsylvania retainage is regulated...
The New York construction trust fund statute was enacted to ensure that anyone working on a construction project within the state, gets paid. Mechanics liens and bond claims can only...
Retainage: The mere mention of this practice can cause headaches for subcontractors and suppliers on any given construction project. It’s supposed to protect owners by providing an incentive to finish...
The Michigan prompt pay and retainage laws apply to almost every type of public works projects within the state. Maintaining cash flow on a project is vital to a contractor’s...
The New Jersey construction trust fund requirements on public projects were enacted in an effort to minimize the financial risk for subs and suppliers. Many states have their own regulations...
The Alabama Prompt Pay laws were enacted to quell one of the most damaging practices in the construction industry; slow payment. Having to chase down payment is both costly and...
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