HB71 Alabama 2012 Session

Sponsors

Session

Regular Session 2012

Title

Contracts, payment of state contractors, state may not increase time for payment for completing work beyond 30 days, interest added to late payments, certification and proof of certification that state has funds available to pay contractors, attorney fees, costs and reasonable expenses recoverable, Secs. 39-2-12, 41-16-3 am'd.

Description

<p class="bill_description"> This bill would prohibit an awarding authority from contractually increasing the time for payment for completed work beyond 30 days and would provide for interest of one percent per month to be added on any dollar amount approved and unpaid for each month until final payment is made</p><p class="bill_description"> This bill would require certification and proof of certification of the availability of funds by the awarding authority to pay contractors for the work under the contract</p><p class="bill_description"> This bill would provide that a contractor that is not paid by the awarding authority would be entitled to recover reasonable attorneys' fees, costs, and reasonable expenses in connection with the nonpayment</p><p class="bill_description"> This bill would prohibit the state from contractually increasing the time for payment for completed work beyond 30 days and would provide for interest of one percent per month to be added on any dollar amount approved and unpaid for until final payment is made</p><p class="bill_description"> This bill would require certification and proof of certification of the availability of funds by the state to pay contractors for the work under the contract</p><p class="bill_description"> This bill would provide that the state, a contractor, subcontractor, or sub-subcontractor that is not paid to be entitled to recover reasonable attorneys' fees, costs, and reasonable expenses in connection with the nonpayment</p><p class="bill_entitled_an_act"> To amend Section 39-2-12 of the Code of Alabama 1975, relating to timely execution of public works contracts; to prohibit an awarding authority from contractually increasing the time for payment for completing work beyond 30 days; to provide for interest of one percent per month to be added on any dollar amount approved and unpaid for each month; to require certification and proof of certification of the availability of funds by the awarding authority to pay contractors for the work under the contract; to provide that a contractor that is not paid should be entitled to recover reasonable attorney's fees, costs, and reasonable expenses in connection with the nonpayment; to amend Section 41-16-3 of the Code of Alabama 1975, relating to timely execution and payment of state contractors; to prohibit the state from contractually increasing the time for payment for completing work beyond 30 days; to provide for interest of one percent per month to be added on any dollar amount approved and unpaid for each month; to require certification and proof of certification of the availability of funds by the state to pay contractors for the work under the contract; and to provide that a contractor, subcontractor, or sub-subcontractor that is not paid should be entitled to recover reasonable attorneys' fees, costs, and reasonable expenses in connection with the nonpayment. </p>

Subjects

State Agencies