Tennessee Prompt Payment Notice of Intent form
Prompt Payment Notice of Intent form
About Tennessee Prompt Payment Notice of Intent form
Tennessee law requires contractors or suppliers to deliver notice prior to taking action to recover payment under the state’s Prompt Pay Act. This form download meets the statutory requirements to send a Prompt Payment Notice of Intent in Tennessee.
Tennessee’s Prompt Pay Act sets specific deadlines for payments on both private and public construction projects. If payments aren’t made by the prompt payment deadline, the interest penalty begins to accrue. However, before an unpaid claimant can file a lawsuit or stop working on the project, they must provide this Notice of Intent form at least 10 days before taking action.
If the property owner or hiring party doesn’t make payment within 10 days after the claimant sends notice, the unpaid contractor or supplier can stop work, and is entitled to an extension of the contract schedule.
According to the statute, this notice must be delivered “by registered or certified mail, return receipt requested, or by another commercial delivery service that provides written confirmation of delivery.”