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2022 SESSION

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HB 881 Contracts; payment clauses to be included, right to payment of subcontractors.

Introduced by: Hyland F. "Buddy" Fowler, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

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.


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