New Louisiana Law Requires Public Entities to Pay Interest on Late Payments to Contractors

Mark W. Mercante and Nicholas R. Pitre | Baker Donelson | June 20, 2018 On May 30, 2018, Louisiana Governor John Bell Edwards signed into law Act No. 566 of the 2018 Regular Session, amending Louisiana Revised Statute Section 38:2191(B) effective August 1, 2018, to provide for interest on late payments by public entities. Under… Continue reading New Louisiana Law Requires Public Entities to Pay Interest on Late Payments to Contractors

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