US Laws, Codes, Statutes & Cases

      Sec. 13a-96. Payment to contractor under highway contract. The commissioner shall pay any sum due any contractor under any contract awarded by him not later than sixty days after its completion and acceptance. After such sixty-day period, interest shall begin to run in favor of the contractor at the rate of six per cent per annum on the unpaid balance.

      (1953, S. 1187d; 1958 Rev., S. 13-70; 1963, P.A. 226, S. 96.)

      History: 1963 act replaced previous provisions: See title history.

      Cited. 217 C. 281, 296, 297, 300-302.