Florida’s Local Government Prompt Payment Act

2019-02-16T07:17:15+00:00March 10th, 2015|Categories: Construction Contracts, Construction Liens|

By: Robert S. Tanner, Esq. Florida Bar Board Certified Construction Lawyer</em Cash flow is an important aspect of a contractor’s financial evaluations and forecasts.[1] An owner’s failure to pay timely can break a contractor. Florida law provides contractors with a statutory right to prompt payment. In this article we will look at the contractor’s right to prompt payment on local government projects. Overview Owners sometimes withhold monies beyond retention and undisputed [...]