FASA News Release: FASA Revises Prompt Payment in the 50 States Charting Prompt Payment Laws for Commercial Construction

ALEXANDRIA, Va. — Construction subcontractors seeking the most current information regarding state laws on prompt payment for commercial construction can now access a newly updated Prompt Payment in the 50 States.

The American Subcontractors Association and the Foundation of ASA’s 2019 Edition of Prompt Payment in the 50 States charts the state-by-state breakdown of such details as the time frame for payment between owners and prime subcontractors; primes and subcontractors; and subcontractors to lower-tier subcontractors.

The ASA-member law firm and ASA general counsel, Kegler, Brown, Hill and Ritter, Columbus, Ohio, prepared the manual, which is available under the “Contracts & Project Management” section in the members-only area of the ASA Web site at no cost to ASA members. To learn more about becoming a member of ASA, visit the Membership section on the ASA Web site.

FASA was established in 1987 as a 501(c)(3) tax-exempt entity to support research, education and public awareness. Through its Contractors’ Knowledge Network, FASA is committed to forging and exploring the critical issues shaping subcontractors and specialty trade contractors in the construction industry. FASA provides subcontractors and specialty trade contractors with the tools, techniques, practices, attitude and confidence they need to thrive and excel in the construction industry.

 

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