Contracts; payment clauses to be included, right to payment of subcontractors. (HB881)

Introduced By

Del. Buddy Fowler (R-Ashland)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Contracts; payment clauses to be included; right to payment of subcontractors. Requires contracts awarded by state or local government agencies or private entities to include a payment clause that obligates the contractor to be individually liable for the entire amount owed to any subcontractor with which it contracts minus any amount that may otherwise be withheld due to the subcontractor's breach of contract. The bill provides that payment by the party contracting with the contractor shall not be a condition precedent to payment to any lower-tier subcontractor. Read the Bill »

Status

01/21/2022: Awaiting a Vote in the General Laws Committee

History

DateAction
01/12/2022Committee
01/12/2022Prefiled and ordered printed; offered 01/12/22 22103944D
01/12/2022Referred to Committee on General Laws
01/21/2022Assigned GL sub: Subcommittee #4

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