2025 Session
Last amended: 2014 session
§ 16C.25 — Building and Construction Contracts
Plain-Language Summary
Covers construction contract retainage and payment rules.
16C.25 BUILDING AND CONSTRUCTION CONTRACTS.
Notwithstanding sections 16C.06 and 16C.10, sections 16C.251 to 16C.29, and other provisions of law not inconsistent with the provisions of sections 16C.251 to 16C.29, apply to building and construction contracts entered into on or after August 1, 2002.
History:
1998 c 386 art 1 s 26; 2002 c 254 s 1; 2014 c 196 art 2 s 12
History: History: 1998 c 386 art 1 s 26; 2002 c 254 s 1; 2014 c 196 art 2 s 12
Practical Notes
The state holds back a percentage of payments until the project is complete.