Connecticut Subcontractors Rejoice! Legislation Addressing Prompt Payment and Retainage Issues Passes with the Help of MKRB!

Subcontractors and suppliers in Connecticut have long struggled to receive prompt payment for their work on privately owned construction projects. Undisputed sums are often bogged down due to the presence of “pay when paid clauses” in contracts with general contractors, and many owners refuse to release retainage until months after a project is complete.    Now, thanks to recent legislative changes sponsored by Read More

Centerplan Files Motion to Delay Planned Construction at Hartford Ballpark

NBC Connecticut Interview with Steven Kaplan (video) Read More

How to Collect Your Money: Bonding and Retainage Seminar

Beth began the seminar by addressing the "Fairness in Construction Financing Act," which provides subcontractors with significant assistance in procuring payment, particularly retainage, on many types of private construction projects. The Act, which applies to private commercial and industrial construction contracts valued at more than $25,000.00, as well as residential contracts with more than four units, gives Read More