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PAYMENT
LAWS
The
New Jersey legislature has enacted strict laws
governing the payment process on construction
projects. These laws affect contractors and
owners alike. Some laws are applicable to all
projects, others are applicable to only certain types.
Regardless of your roll in the construction project,
there are certain laws that specifically apply to you.
At Berkowitz and Associates, P.C., we work with these
laws every day.
The
Construction Lien N.J.S.A. 2A:44A-1 et seq.
The
Municipal Mechanic’s Lien N.J.S.A. 2A:44-125 et
seq.
The Bond
Act N.J.S.A. 2A:44-143 et seq.
The Trust
Fund Act N.J.S.A. 2A:44-148 et seq.
The
Contract Claims Act N.J.S.A. 59:13-1 et seq.
The
New Jersey Prompt Payment Act, N.J.S.A. 2A:30A-1 et
seq.
The
laws listed above are powerful tools, when used
properly our clients glean a large advantage over the
other parties on the project. We show our
clients how to make these laws work for them.
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