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
https://www.levelset.com/prompt-payment/wyoming-prompt-payment-faqs/#faq-item-private-projects-does-wyoming-have-prompt-payment-statute-on-private-projectsDoes Wyoming have Prompt Payment Statute on Private Projects?
Wyoming does not provide a prompt payment statute for private projects.
Summary
Article Name
Wyoming Prompt Payment Law
Description
Summary of Wyoming Prompt Payment requirements and laws for Wyoming construction projects including free forms, FAQs, resources and more.
Author
Scott Wolfe Jr.
Publisher Name
Levelset
Publisher Logo
Wyoming Prompt Payment Public Projects FAQ
https://www.levelset.com/prompt-payment/wyoming-prompt-payment-faqs/#faq-item-public-projects-do-i-have-to-send-a-letter-or-file-anything-to-qualify-for-prompt-payment-penalties-or-remedies-in-wyomingDo 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.
Summary
Article Name
Wyoming Prompt Payment Law
Description
Summary of Wyoming Prompt Payment requirements and laws for Wyoming construction projects including free forms, FAQs, resources and more.
Author
Scott Wolfe Jr.
Publisher Name
Levelset
Publisher Logo
https://www.levelset.com/prompt-payment/wyoming-prompt-payment-faqs/#faq-item-public-projects-can-i-include-prompt-payment-fees-in-my-wyoming-mechanics-liens-claim-or-bond-claimCan 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.
Summary
Article Name
Wyoming Prompt Payment Law
Description
Summary of Wyoming Prompt Payment requirements and laws for Wyoming construction projects including free forms, FAQs, resources and more.
Author
Scott Wolfe Jr.
Publisher Name
Levelset
Publisher Logo
https://www.levelset.com/prompt-payment/wyoming-prompt-payment-faqs/#faq-item-public-projects-if-i-am-paid-late-according-to-prompt-payment-statutes-can-i-obtain-interest-or-other-penalty-paymentsIf 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.
Summary
Article Name
Wyoming Prompt Payment Law
Description
Summary of Wyoming Prompt Payment requirements and laws for Wyoming construction projects including free forms, FAQs, resources and more.
Author
Scott Wolfe Jr.
Publisher Name
Levelset
Publisher Logo
https://www.levelset.com/prompt-payment/wyoming-prompt-payment-faqs/#faq-item-public-projects-are-there-reasons-for-which-payment-may-be-withheld-past-the-general-deadlineAre 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.
Summary
Article Name
Wyoming Prompt Payment Law
Description
Summary of Wyoming Prompt Payment requirements and laws for Wyoming construction projects including free forms, FAQs, resources and more.
Author
Scott Wolfe Jr.
Publisher Name
Levelset
Publisher Logo