R. Thomas Dunn | Pierce Atwood I know what you are thinking . . . payment provisions have ALWAYS been key components of construction projects. Owners want to understand what they are paying for and that they are not over-paying. Contractors want prompt payment provisions and limitations on an Owner’s ability to withhold payment. Lower… Continue reading Time to “Pay” Attention to Payment Provisions for Construction Contracts in Massachusetts
Tag: Prompt Payment
California Supreme Court Provides Clarity to California’s Prompt Payment Exception
Timothy L. Pierce and Heather L. Frisch | K&L Gates | May 23, 2018 The California Supreme Court issued an opinion on May 14, 2018 in United Riggers & Erectors, Inc. v. Coast Iron & Steel Co. that resolves a split in authority regarding whether Civil Code Section 8814 excuses prompt payment of retention by an owner… Continue reading California Supreme Court Provides Clarity to California’s Prompt Payment Exception
It’s All a Matter of [Statutory] Construction: Supreme Court Narrowly Interprets the Good Faith Dispute Exception to Prompt Payment Requirements in United Riggers & Erectors, Inc. v. Coast Iron & Steel Co.
Erinn Contreras and Joy O. Siu | Construction & Infrastructure Law Blog | May 16, 2018 On May 14, 2018, the California Supreme Court issued its opinion in United Riggers & Erectors, Inc. v. Coast Iron & Steel Co., No. S231549, slip. op. (Cal. Sup. Ct. May 14, 2018). In it, the Court narrowly construed the “good… Continue reading It’s All a Matter of [Statutory] Construction: Supreme Court Narrowly Interprets the Good Faith Dispute Exception to Prompt Payment Requirements in United Riggers & Erectors, Inc. v. Coast Iron & Steel Co.
Critical Amendments to Minnesota’s Prompt Payment and Retainage Laws
Bob Huber and Stephen Schemenauer | Stinson Leonard Street LLP | May 23, 2016 The Minnesota legislature recently passed a bill significantly amending Minnesota’s prompt payment statute. The revised statute specifically authorizes contractors and subcontractors of any tier to stop work if they are not paid within 10 days after an undisputed payment is due.… Continue reading Critical Amendments to Minnesota’s Prompt Payment and Retainage Laws