2018 Indiana Code
TITLE 4. State Offices and Administration
ARTICLE 13.6. STATE PUBLIC WORKS
CHAPTER 7. Bonding, Escrow, and Retainages
4-13.6-7-4. Payment of subcontractors and suppliers; certification of previous payments; incorrect certification

Universal Citation: IN Code § 4-13.6-7-4 (2018)
IC 4-13.6-7-4 Payment of subcontractors and suppliers; certification of previous payments; incorrect certification

     Sec. 4. (a) Within ten (10) days of receipt of any payment by the state or the escrow agent, the contractor or escrow agent shall pay each subcontractor and each supplier the appropriate share of the payment the contractor received based upon the service performed by the subcontractor or the materials received from the supplier.

     (b) The contractor shall furnish to the division a sworn statement or certification at the time of payment to it that all subcontractors and suppliers have received their share of the previous payment to the contractor.

     (c) If a contractor makes an incorrect certification, the department may do any of the following:

(1) Consider the incorrect certification a breach of contract and do any of the following:

(A) Cancel the contract.

(B) Collect from the contractor all funds paid to the contractor under the contract.

(C) Exercise all of the state's rights set out in the contract.

(2) Pursue remedies against the contractor for falsifying an affidavit.

(3) Revoke the contractor's qualification under IC 4-13.6-4-13(b).

(4) Use the incorrect certification as a basis for finding the contractor not responsible when awarding other contracts.

As added by P.L.24-1985, SEC.7. Amended by P.L.5-1993, SEC.12.

 

Disclaimer: These codes may not be the most recent version. Indiana may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.