Ah yes, retainage, what could represent your profit on a project and something frequently abused by owners on private and public projects alike. Fortunately, Pennsylvania law offers public works contractors some protection from retainage abuse. The Public Prompt Payment Act dictates when retainage can be withheld and when it must be released. Agencies that fail
Prompt Payment Act
Superior Court Takes First Step Toward Making Payment Act a Nuclear Weapon
By Wally Zimolong on
Posted in Prompt Payment Act
Despite the Pennsylvania Contractor and Subcontractor Payment Act’s threats of penalties of 1% interest per month, 1% penalty per month, and attorneys fees, the payment abuses it was intended to remedy remain a problem. Generally, when an owner is threatened with a Payment Act claim they hardly run for their check books. However, a recent …