Contracts; payment clauses to be included, right to payment of subcontractors.

Contracts; payment clauses to be included; rightto payment of subcontractors. Requires contracts awarded by stateor local government agencies or private entities to include a paymentclause that obligates the contractor to be individually liable forthe entire amount owed to any subcontractor with which it contractsminus any amount that may otherwise be withheld due to the subcontractor's breach of contract. The bill provides that payment by the partycontracting with the contractor shall not be a condition precedent to payment to any lower-tier subcontractor.