Iowa § 573.23 Abandonment of public work — effect

Iowa Statutes

§ 573.23 — Abandonment of public work — effect

Iowa § 573.23

Title XIVPROPERTY

Ch. 573LABOR AND MATERIAL ON PUBLIC IMPROVEMENTS

This text of Iowa § 573.23 (Abandonment of public work — effect) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Iowa Code § 573.23 (2026).

Text

When a contractor abandons the work on a public improvement or is legally excluded from
work on a public improvement, the improvement shall be deemed completed for the purpose
of filing claims as provided in this chapter, from the date of the official cancellation of the
contract. Theonlyfundavailableforthepaymentoftheclaimsofpersonsforlaborperformed
or material furnished shall be the amount then due the contractor, if any, and if that amount is
insufficient to satisfy the claims, the claimants shall have a right of action on the bond given
for the performance of the contract.

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When a contractor abandons the work on a public improvement or is legally excluded from
work on a public improvement, the improvement shall be deemed completed for the purpose
of filing claims as provided in this chapter, from the date of the official cancellation of the
contract. Theonlyfundavailableforthepaymentoftheclaimsofpersonsforlaborperformed
or material furnished shall be the amount then due the contractor, if any, and if that amount is
insufficient to satisfy the claims, the claimants shall have a right of action on the bond given
for the performance of the contract.