Venzie Construction Law CASPA Seminar on January 15, 2020 at ABC Eastern PA (East Norriton)
Jeff Venzie will present a seminar at the Associated Builders & Contractors Eastern Pennsylvania Chapter in East Norriton on January 15, 2020 titled, “Recent Changes to the Contractor and Subcontractor Payment Act (CASPA) and How It Affects You.”
Take advantage of this opportunity to learn about the recent changes to Pennsylvania’s Contractor and Subcontractor Payment Act (“CASPA”).
The major changes relate to:
- Withholding payment. New written notice requirements are imposed upon owners and contractors in the event they intend to withhold payment from a prime contractor or subcontractor.
- Suspending work. Contractors and subcontractors now have the right to suspend performance of work for nonpayment under certain circumstances. In order to exercise the right to suspend work, certain notice requirements must be followed.
- Retainage. Contractors and subcontractors that complete their scope of work prior to final completion of the project may post a maintenance bond for the release of their retainage.
Jeff will also talk about some of the potential litigation issues that may arise as a result of the amendments, including legal positions that can and should be taken in light of the amendments.
For more information and to register, click here. (https://www.abceastpa.org/events-1/recent-changes-to-caspa-and-how-it-affects-you-2)