Last November, Arizona’s Court of Appeals issued a memorandum decision analyzing Arizona’s Prompt Pay Act. Though the decision was not published and is not binding authority, it does guide the ...
This first known decision interpreting the statute clarifies the consequences of an Owner’s failure to properly reject applications for payment. Generally, the Prompt Pay Act applies to private ...
Prompt payment statutes have long served as the backbone of financial fairness and predictability in the construction industry. Designed to ensure that those who perform work and furnish materials are ...
Adam Browser discusses an overlooked section of the Prompt Payment Act which provides an alternative to invalid 'pay-when-paid' clauses. In the construction industry, it is common for a general ...
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