Wyoming Prompt Payment Guide and FAQs

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Wyoming Prompt Payment Overview

Wyoming Prompt Payment Requirements


  • Private Jobs
  • Public Jobs
  • Top Links
NO
DAYS
Prime Contractors

Not specified in state statutes


NO
DAYS
Subcontractors

Not specified in state statutes


NO
DAYS
Suppliers

Not specified in state statutes


NO
FEES
Interest & Fees

Not specified in state statutes

45
DAYS
Prime Contractors

For Prime (General) Contractors, payment is due within 45 days of request for payment.


NO
DAYS
Subcontractors

Not specified in state statutes


NO
DAYS
Suppliers

Not specified in state statutes


1.5%
/ MONTH
Interest & Fees

Interest at 1.5% per month, no fees provisions.

Prompt payment laws are a set of rules that regulate the acceptable amount of time in which payments must be made to contractors and subs. This is to ensure that everyone on a construction project is paid in a timely fashion. These statutes provide a framework for the timing of payments to ensure cash flow and working capital.

Projects Covered by Prompt Payment in Wyoming

The prompt payment laws in Wyoming only regulate public works projects within the state. These can be found in Wyo. Stat. §§16-6-601 and 16-6-602. There are no provisions covering payments on private projects, those will be regulated by the terms of the contract.

Payment Deadlines for Public Projects

All payments from the public entity to the prime contractor must be made within 45 days of receipt of a proper request for payment. There are no provisions covering any other types of payments. The deadlines for payments to subcontractors and suppliers will be determined by the contract.

Penalties for Late Payment on Public Projects

Payments may be withheld from the prime contractor, as long as there is a good faith dispute over the payment. If there is no good faith dispute, any late or wrongfully withheld payments will accrue interest at a rate of 1.5% per month until payment is made.

Wyoming Prompt Payment Frequently Asked Questions

Wyoming’s prompt payment statutes set forth specific timeframes for when general contractors, subcontractors, suppliers, and others involved with a public construction project must be paid. This page provides an overview of these regulations and addresses frequently asked questions related to the Wyoming prompt payment laws.

Wyoming Prompt Payment Private Projects FAQs

Does Wyoming have Prompt Payment Statute on Private Projects?

Wyoming does not provide a prompt payment statute for private projects.

Wyoming Prompt Payment Public Projects FAQ

Do I have to send a letter or file anything to qualify for Prompt Payment Penalties or Remedies in Wyoming?

In order for the provisions of the Wisconsin prompt pay statutes to apply, the party requesting payment must be entitled to payment pursuant to the terms of the contract, and must submit a correct notice of the amount due.

Can I include Prompt Payment Fees in my Wyoming Mechanics Liens Claim or Bond Claim?

No. Wyoming doesn’t allow miscellaneous amounts to be included on the face of a bond claim.

If I am paid late according to Prompt Payment Statutes, can I obtain interest or other Penalty Payments?

If interest applies it begins to accrue immediately upon the failure to make timely payment, with no other specific notice required. Note, however, that interest does not accrue if the late payment is subject to a good faith dispute.

Are there reasons for which payment may be withheld past the general deadline?

Wyoming allows payment to be withheld pursuant to a good faith dispute over the payment at issue.

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Wyoming Prompt Payment Statutes

Getting informed about prompt payment laws is important. An examination of Wyoming’s prompt payment laws, the rules and regulations related to payment timing, is important to know your rights and responsibilities as a party on a construction project. Wyoming’s specific laws can be found in: Wyo. Stat. §§ 16-6-601-16-6-602, and are reproduced below.

Prompt Payment Statute on Private Projects

Does Wyoming have prompt payment statutes for private projects?

Wyoming does not a provide prompt payment statute for private projects.

Prompt Payment Statute on Public Projects

§ 16-6-601: Definitions

a) As used in this article:

(i) “Agency” means any department, agency or other instrumentality of the state or of a political subdivision of the state;

(ii) “Goods” means all personal property purchased, procured or contracted for by an agency, including leases of real property or other arrangements for the use of space;

(iii) “Services” means all services purchased, procured or contracted for by an agency, including construction services.

§ 16-6-602: Payment of agency accounts; interest

Except as provided by contract, any agency which purchases or procures goods and services from a nongovernmental entity shall pay the amount due within forty-five (45) days after receipt of a correct notice of amount due for the goods or services provided or shall pay interest from the forty-fifth day at the rate of one and one-half percent (1 1/2%) per month on the unpaid balance until the account is paid in full, unless a good faith dispute exists as to the agency’s obligation to pay all or a portion of the account.

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