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  6. Title 42 - Business, Sellin...
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  8. Chapter 742b - Construction Contracts


Chapter 742b - Construction Contracts


  • Section 42-158i - Definitions.
  • Section 42-158j - Required contract provisions re timely payment of contractors, subcontractors and suppliers. Payment requisition statement. Remedy for untimely payments. Penalties. Escrow accounts. Withholding payments due because of disputes prohibited. Progress payments. Rights of action.
  • Section 42-158k - Retainage limitation. Payment by owner. Time limits.
  • Section 42-158l - Clauses waiving right to claim mechanic's lien or claim against a payment bond void.
  • Section 42-158m - Adjudication of disputes in this state.
  • Section 42-158n - Required job site postings.
  • Section 42-158o - Surety obligations.
  • Section 42-158p - Retainage escrow accounts. Monthly reports. Combining accounts. Termination of accounts. Fees and expenses. Form and provision of account. Failure to deposit or release retainage. Acceptance of securities.
  • Section 42-158q - Escrow account exclusions.
  • Section 42-158r - Enforcement of retainage and adjudication in this state.
  • Section 42-158s - Offer of compromise to settle arbitration claims. Interest, attorney's fees and costs.
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