Contractors-final payment provisions restructure.
Maddy summaryHB 108 modifies payment procedures for contractors working on public construction projects in Wyoming. It requires contractors to submit a sworn statement confirming all subcontractor and material supplier payments before final payment can be made, and mandates a 40-day public notice period (via newspaper and website) before final settlement. Disputed claims must be directed to the prime contractor's surety bond, with disputed amounts withheld from final payment until resolved. This affects contractors, subcontractors, material suppliers, and state/local governments awarding public works contracts over $7,500. The bill updates existing bond and payment rules to clarify dispute resolution and payment timelines.
Passed Feb 22, 2019
1 co-sponsor