New Florida Law Increases Penalties for Certain Construction Late Payments

On July 1, Florida legislation that imposes stronger consequences on late payments throughout the construction chain for certain services took effect. The consequences outlined in Florida Senate Bill 378 include higher interest rates on past due payments and criminal charges for those suspected of misappropriating funds."The statute change was base...
Continue reading
  1836 Hits
  0 Comments
1836 Hits
0 Comments