ONLINE STORE | CALENDAR OF EVENTS | CONTACT US

Blog

Federal Prompt Payment Legislation

The Federal Prompt Payment for Construction Work Act is now in force as of December 9th, 2023.
 
The legislation applies to all federal projects. Under the act, the federal government will have 28 calendar days to pay after a contractor submits a proper invoice. The contractor will then have seven days to pay its subcontractors and subcontractors will have another seven days to pay their sub-subcontractors.

Contributors

Contributors