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New Law Sets Maximum Construction Contract Retainage at 5% in New York

On November 17, 2023, Governor Kathy Hochul signed a bill into law amending Sections 756-a and 756-c of the New York State Prompt Payment Act (N.Y. Gen. Bus. Law ยง756 (McKinney 2009)) governing restrictions on retainage and...more

Construction Industry Concerns Resulting from Dangerous Air Infiltrating into New York Region

The New York region has experienced some of the worst air quality in the world as a result of the recent Canadian wildfires that continue to rage out of control, something weather forecasters believe will become more common...more

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