News & Analysis as of November 17, 2024

Prompt Payment

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New York Could Further Limit Retainage on Public and Private Construction Projects

Holland & Knight LLP on 6/12/2024

Proposed bills in the New York State Assembly and Senate would prohibit the retention of any amount of payment due and owing for materials delivered and accepted for public and private construction projects. The identical...more

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New York Could Further Limit Retainage on Public and Private Construction Projects

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