prompt payment law
New Jersey Prompt Payment Act Supports Recovery of Fees that Exceed Contract Balance Due
September 24th, 2021
A subcontractor owed $30,500, who had to jump through multiple hoops to recover its money, was entitled to recover legal fees and costs exceeding the contract balance due. JHC Industrial Services, a second-tier sub, performed demolition work for Cent…
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Prompt Pay Law Enforced Against Non-Paying Project Owner
December 11th, 2020
A Massachusetts court has entered summary judgment against a project owner who failed to follow the terms of the prompt payment act. Judgment has been issued in the amount of $4,600,109, for payment shortages or non-payment on seven requisitions. Jud…
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