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1999 SESSION

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SB 1298 Construction contracts.

Introduced by: William C. Mims | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Construction contracts. Declares “pay-if-paid” clauses in construction contracts between the general contractor and subcontractor against public policy and void and unenforceable. The bill also clarifies that such clauses do not abrogate subcontractors’ rights pursuant to the mechanics’ lien statute or any contractor’s bond. Owners are required to disclose project funding and financing information to prime contractors upon request, if the prime contract is for $1 million or more.


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