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
Oregon law about retainage on public and private construction projects changed on March 7, 2024. Contractors now have a workable option to obtain full payment of progress payments, without subtraction of cash retainage....more
On June 30, the Supreme Court of Tennessee issued an opinion interpreting the retainage provisions in Tennessee’s Prompt Pay Act (the Act). The opinion has significant implications for construction projects across Tennessee....more