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WITHOUT THE PROTECTIONS AFFORDED BY THE STATUTES & CASES IN WHICH ASA ARE INVOLVED, SUBCONTRACTORS’ RIGHTS WOULD BE ABROGATED!
Requires within 10 days of making a construction contract payment, a state agency that maintains an Internet Web shall post on its Internet Web site the project for which the payment was made, the name of the construction contractor or company paid, the date the payment was made or the date the state agency transmitted instructions to the Controller or other payer to make the payment, the payment application number or other identifying information, and the amount of the payment. Exempt from these provisions are construction contracts valued below $25,000 and progress payments published in the California State Contracts Register under existing law.
Extends SB 293 (2011) through 1/1/2023 A huge victory was won in 2011 when SB 293 was signed by Governor Brown capping retention at 5% (for non-substantially complex projects-see AB 1705). |
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