Legislation
- Title
- State and Private Construction Contracts - Prompt Payment Requirements
- Sponsored by
- Delegates Valderrama, Charkoudian, and Crutchfield
- Status
- In the House - Withdrawn by Sponsor
- Analysis
- Fiscal and Policy Note
Synopsis
Requiring a private construction contract to include a provision requiring the owner to pay the contractor within a certain period of time or, if the owner withholds all or part of an amount invoiced, to send a certain notification to the contractor; requiring a contract between a contractor and a subcontractor on a private or State construction contract to include a provision requiring the contractor to pay the subcontractor within a certain period of time; etc.
Committees
Committee Testimony
Details
History
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File Code
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Subjects
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Statutes
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(
17-601, 17-604 )
(
13-228, 15-103, 15-104 )
Last Updated: 6/9/2023 2:48 PM