Construction Law Advisory - December 2014

Saul Ewing LLP
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In This Issue:

- Retainage limited to 5 percent in Massachusetts: Outlier or coming to your state?

- Pennsylvania overhauls mechanic’s lien law with creation of state construction notices directory

- Recent Massachusetts decision highlights limitations of AGO bid protest decisions.

- Excerpt from Retainage limited to 5 percent in Massachusetts: Outlier or coming to your state?

Effective November 6, 2014, Massachusetts joined a minority of states that limit retainage to 5 percent of each progress payment under a contract. This new Massachusetts law only applies to large private projects in excess of $3 million and does not apply to residential projects of up to four units.

Please see full publication below for more information.

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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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