Nebraska § 45-1203 Contractor; payment;
payment request; subcontractor; payment;
retainage; payment

Nebraska Statutes

§ 45-1203 — Contractor; payment; payment request; subcontractor; payment; retainage; payment

Nebraska § 45-1203

Ch. 45Interest, Loans, and Debt

This text of Nebraska § 45-1203 (Contractor; payment; payment request; subcontractor; payment; retainage; payment) is published on Counsel Stack Legal Research, covering Nebraska primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Neb. Rev. Stat. § 45-1203 (2026).

Text

(1)When a contractor has performed work in accordance with the provisions of a contract with an owner, the owner shall pay the contractor within thirty days after receipt by the owner or the owner's representative of a payment request made pursuant to the contract.

(2)When a subcontractor has performed work in accordance with the provisions of a subcontract and all conditions precedent to payment contained in the subcontract have been satisfied, the contractor shall pay the subcontractor and the subcontractor shall pay his, her, or its subcontractor, within ten days after receipt by the contractor or subcontractor of each periodic or final payment, the full amount received for the subcontractor's work and materials based on work completed or service provided under the subcontract for whi

Free access — add to your briefcase to read the full text and ask questions with AI

(1) When a contractor
has performed work in accordance with the provisions of a contract with an
owner, the owner shall pay the contractor within thirty days after receipt
by the owner or the owner's representative of a payment request made pursuant
to the contract.
(2) When a subcontractor has performed work in accordance
with the provisions of a subcontract and all conditions precedent to payment
contained in the subcontract have been satisfied, the contractor shall pay
the subcontractor and the subcontractor shall pay his, her, or its subcontractor,
within ten days after receipt by the contractor or subcontractor of each periodic
or final payment, the full amount received for the subcontractor's work and
materials based on work completed or service provided under the subcontract
for which the subcontractor has properly requested payment, if the subcontractor
provides or has provided satisfactory and reasonable assurances of continued
performance and financial responsibility to complete the work.
(3) The owner
or the owner's representative shall release and pay all retainage for work
completed in accordance with the provisions of the contract within forty-five
days after the project, or a designated portion thereof, is substantially
complete. When a subcontractor has performed work in accordance with the provisions
of a subcontract and all conditions precedent to payment contained in the
subcontract have been satisfied, the contractor shall pay all retainage due
such subcontractor within ten days after receipt of the retainage.