News & Analysis as of

Retainage State and Local Government

DarrowEverett LLP

Capturing the Sun: State Prompt Payment Acts' Effects on Solar Construction

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As the energy sector continues to expand, developers and contractors looking to expand their footprint are crossing state lines to construct energy projects. This is a good strategy for applying the same, successful...more

Butler Snow LLP

Key Changes in Mississippi Construction Law Following the 2024 Legislative Session

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Effective July 1, 2024, the Mississippi Legislative enacted multiple statutory changes applicable to the construction industry, including (1) an increase to the monetary threshold requiring public bidding, (2) new delivery...more

Stoel Rives LLP

New Washington Law Applies Limitations to Retainage on Private Construction Projects

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On May 9, 2023, Washington Governor Jay Inslee signed into law Senate Bill (SB) 5528, which limits the percentage of retainage withheld from contractors on private construction projects in Washington....more

Davis Wright Tremaine LLP

Put a Cap on It: The Impact of 2023 Washington Retainage Law for Private Projects

New private project retention cap matches that for public construction projects and takes effect July 23 - This year, the Washington State Legislature approved a cap on retainage for private projects. The stated purpose of...more

Bradley Arant Boult Cummings LLP

The Impact of the 2020 Tennessee Construction Legislation

After a number of controversial bills proposed from various industry groups over the last few years, the Tennessee construction community came together in 2020 to push through legislation intended to protect members of the...more

Butler Snow LLP

Tennessee Construction Legislative Updates

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The Tennessee legislature recently passed the Construction Industry Payment Protection Act (“CIPPA”), SB2681/HB2706, which offers significant changes to the Tennessee construction industry. Not only does the act amend...more

Bass, Berry & Sims PLC

Tennessee Enacts New Construction Legislation in 2020

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The Tennessee Construction Industry Payment Protection Act was signed into law on June 22. The Act addresses or reallocates certain risks associated with non-payment on construction projects under Tennessee’s Prompt Pay Act...more

Bradley Arant Boult Cummings LLP

Do We Still Need Retainage?

There have been debates for years about the pros and cons of owners withholding retainage (usually 5% or 10%, depending on each state’s retainage laws or local “industry standard”) from prime contractors. Typically, the...more

Seyfarth Shaw LLP

Illinois Expands Protections Under the Contractor Prompt Payment Act by Imposing New Restrictions on Retainage

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The Illinois Contractor Prompt Payment Act, 815 ILCS 603/1, et seq. (the “Act”) was first enacted in 2007 and designed to safeguard contractors and subcontractors on private projects by providing a mechanism to expedite...more

Stinson LLP

Changes to Minnesota Laws Affecting Construction

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In the 2019 session, the Minnesota Legislature introduced a number of sweeping changes to statutes affecting individuals in the construction industry. On August 1, 2019, a number of those changes will go into effect. These...more

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