How to Get Paid on New York Public Projects
Levelset
MAY 11, 2022
New York also has separate rules governing a “lien on funds” with public projects, which notes that of the money owed to a prime contractor by the project owner, there must be some portion still available to satisfy the claims of any subcontractor or supplier that’s acting as a claimant — an amount referred to as the “lien fund.” Learn more.
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