In an attempt to reduce delayed payment periods in Alberta, on August 29, 2022, the Prompt Payment and Construction Lien Act (the PPCLA) came into ...

The Massachusetts Appeals Court has interpreted for the first time the Massachusetts Prompt Payment Act (the “Prompt Pay Law”) in the matter of Tocci Building Corporation v. IRIV Partners, LLC ...

The Massachusetts Supreme Judicial Court issued an opinion of first impression on the state's Prompt Pay Act Monday The court's majority said a payor's failure to accept or reject an invoice under ...

While this hurts businesses, it also could ding agencies that must then pay interest on the late invoices under the Prompt Payment Act. The interest rate under such law for the first six months of ...

The Massachusetts Legislature passed the state’s Prompt Pay Act 14 years ago to improve the downstream flow of money on most large-scale private construction projects.

Clearly communicate payment policies and terms to small-business suppliers. Large companies that sign the pledge will get a comprehensive Communications Toolkit to share about their commitment, ...

In 2002, the New York Legislature passed the Prompt Pay Act, whose stated purpose is to promote timely payment to construction industry contractors and subcontractors. (N.Y. Gen. Bus. Law §756-a ...

On Wednesday, new property insurance prompt-pay laws go into effect, getting you your money faster and more efficiently. These laws, designed to make companies resolve and pay claims faster, came ...