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Laws

Prompt payment in the construction industry is not new or unique to Colorado . Business in virtually every industry depends on prompt payment for goods and services in order to remain in business, retain employees and participate positively in the overall economic health of their community.  

 
Prompt payment in the construction industry likewise determines the health of the industry and economic environment.  Prompt payment in construction directs the full payment for goods and services properly performed to the entity providing those goods and services.  Prompt payment includes progress payments, retainage, change directives and final payment. 

This area of the Prompt Pay Colorado website provides the laws and information from the federal government, states and municipalities across the United States .   

All information is accurate to the best of our knowledgebut is not intended to replace the counsel of your professional advisors.

Find out more information on a National Level.

Find out more information on a State Level.

Find out more information on a Local Level.

 

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