The SOP Act addresses the problem of
delayed payment to contractors.
Not exact matches
Earlier this year he criticized the process that led
to a
delay in
payments for
contractors working on the RiverBend manufacturing hub.
The
delay in state
payments led
to temporary pink slips being issued
to dozens of carpenters and other tradesmen at the Solar City site because the
contractors ran out of money.
And there are other projects, such as the Solar City solar panel factory in Buffalo and the Soraa LED factory outside of Syracuse, that have faced
delays over missed
payments to contractors.
Layoffs came
to the SolarCity construction site late last week, as the result of
delayed payments by New York State
to contractors on the job.
Work has resumed on SUNY Polytechnic Institute's $ 35 million silicon carbide chip wafer manufacturing line at its Albany campus on Fuller Road after a long
delay in state
payments to The Pike Co., the main
contractor at the site.
And if there isn't an 11th hour deal, and the U.S. is allowed
to default, then we're in uncharted territory — grantee organizations and government
contractors could be facing partial and / or
delayed payments for costs that have already been incurred.
This way, if the work isn't going according
to schedule, the
payments to your
contractor also are
delayed.