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S10020 Summary:

BILL NOS10020
 
SAME ASSAME AS A11223
 
SPONSORRYAN C
 
COSPNSR
 
MLTSPNSR
 
Amd §§756 & 756-b, rpld §756-e, Gen Bus L
 
Increases the interest rate for late payments due on construction contracts from one to two percent; includes a change order as part of the definition of construction contract; defines change order; repeals exceptions for lower Manhattan construction contracts.
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