GOVERNMENT AVOIDS PROMPT PAYMENT INTEREST ON RETAINAGE

United States Court of Federal Claims

PCL Construction Services, Inc. v. United States

No. 95-666C
November 14, 2008

Overview

The U.S. Court of Federal Claims has ruled that although the government was ordered to release more than $1.3 million in retainage, the contractor was not entitled to interest under the Prompt Payment Act. The retainage, ... Log in to view the full text.