Αποτελέσματα Αναζήτησης
The Florida prompt payment act applies pursuant to the terms of the contract, when the party requesting payment has submitted documents that may be required (sworn statements, affidavits, waivers, etc.) by Florida law or request of the owner, and has submitted a proper request for payment.
6 Ιουλ 2021 · Florida’s prompt payment laws provide for statutory interest damages for late payments on construction projects within the state. Under this new legislation, the late payment interest penalties will increase on both private and public projects.
31 Μαΐ 2019 · Florida’s Prompt Payment Act offers strong protections for timely payments on construction projects. Public Projects. What should be included in the complaint? Remedies available. Timing of payments. Withholding payment. Retainage. Prompt Pay Act claims for private projects. Pro tip: getting the info you need. Additional resources.
3 Ιουλ 2021 · But effective July 1, 2021, the penalties for failing to timely make undisputed payments increased significantly, making the failure the “misapplication of construction funds,” and subjecting the guilty party to civil and criminal penalties. Click to learn more about this new statute.
31 Ιουλ 2024 · If you own a construction company, it is essential to have a clear understanding of Florida’s Prompt Payment Act. This is a powerful tool designed to ensure that contractors, subcontractors and suppliers are paid promptly for their work.
13 Ιουλ 2023 · Learn how SB 346, a new law signed by Governor DeSantis, changes the prompt payment and retainage requirements for public construction projects in Florida as of July 1, 2023.
13 Οκτ 2023 · The Florida Notice of Nonpayment is a critical tool for subcontractors and material suppliers on public construction projects. Understanding the process, adhering to legal requirements, and following best practices are essential steps to ensure a smooth and successful payment recovery process.
