Procurement Contracts and Construction Contracts - Payments

Summary

The bill updates Maryland law so that counties, cities, school boards and other public authorities must pay undisputed amounts to contractors quickly, and it adds clear procedures for withholding payments. It also imposes a 2% per month interest charge on late payments and lets contractors stop work after notice if they aren’t paid. The changes aim to protect contractors and subcontractors from payment delays on public projects.

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