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Texas Contract Terms Prompt Payment

Porter Hedges LLP

Understanding the Texas Prompt Payment Act

Porter Hedges LLP on

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

Gray Reed

It Doesn’t Pay to Delay: Prompt Payment Acts in Texas

Gray Reed on

If an owner or general contractor fails to timely pay on a project, you may be entitled to prompt pay interest. Prompt payment acts are intended to deter late payments by general contractors and owners by enabling contractors...more

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