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Subcontractors Interest Rates

Porter Hedges LLP

Understanding the Texas Prompt Payment Act

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The construction industry is a cornerstone of Texas’s robust economy, and timely payments are critical for maintaining the health of this sector. To ensure that contractors, subcontractors, and suppliers are paid promptly for...more

Snell & Wilmer

Significant Changes to Retainage Law in Oregon Will Benefit Contractors and Require Review of Oregon Construction Contract Forms...

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Under HB 4006, which was effective on March 7, 2024, the Oregon legislature sought to improve retainage law in two ways. First, it allows general contractors and subcontractors to post a retainage surety bond to avoid having...more

Davis Wright Tremaine LLP

Escrow No More: A New Era for Oregon's Construction Retainage Law in 2024

On March 7, 2024, the Oregon legislature enacted a significant change to the state's law on retainage requirements for public and private construction projects. The new law introduces options for contractors to receive full...more

Blindauer Law PLLC - Government Contracts...

Government Contracts Issues for a Recession

The bond yield curve inverted in October 2022. When that occurred, it started a countdown to recession. At least it has every time since 1968. Specifically, for the last eight recessions since 1968, every single recession was...more

Spilman Thomas & Battle, PLLC

CASPA, The Unfriendly Statute

Pennsylvania is on the verge of a tougher contractor payment law that adds remedies including suspension of work, anti-waiver provisions, and mandatory payment for work successfully completed....more

Stinson LLP

The Potential Impact of Negative Interest Rates on Construction

Stinson LLP on

On February 11, 2016, Federal Reserve Board Chair Janet Yellen stated at a congressional hearing that the Federal Reserve is "looking at" implementing negative interest rates in the United States. Since that time the Feds...more

PilieroMazza PLLC

Weekly Update Newsletter - January 2015 #2

PilieroMazza PLLC on

GOVERNMENT CONTRACTS - HHS IG Issues Report Regarding Federal Marketplace: Inadequacies in Contract Planning and Procurement - The Department of Health and Human Services (HHS) inspector...more

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