New Massachusetts Prompt-Pay Law to Govern Private Construction

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Signed by Mass. Gov. Deval Patrick on August 10, 2010, Massachusetts' new "prompt-pay" law will fundamentally affect payment terms on private construction projects. The law1 becomes effective on November 8, 2010, and applies to all projects that entered into their prime contracts on or after that date.

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Published In: General Business Updates, Construction Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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