SB1980 amends the State Prompt Payment Act to ensure timely payments to subcontractors and suppliers on public construction projects.
SB1980 amends the State Prompt Payment Act to mandate that contractors, subcontractors, and suppliers on public construction projects with the Department of Transportation or the Capital Development Board must pay their subcontractors and suppliers within 10 business days or 15 calendar days after receiving payment from the state. Failure to do so without reasonable cause allows subcontractors or suppliers to request an administrative hearing.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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