Owner to Prime Contractor (Private): N/A
Prime Contractor to Subcontractor (Private): N/A
Interest/Penalties (Private): N/A
Owner to Prime Contractor (Public): Unless otherwise set forth in the contract, within 35 days of receipt of invoice.
Prime Contractor to Subcontractor (Public): Within 10 days of receipt of payment from Owner.
Interest/Penalties (Public): Interest at a rate of 1% per month.
Pay-If-Paid Permissible: Yes, but clause cannot be used as a defense to lien claim.
Disclaimer: This information was published on July 1, 2020. Please contact Josh Levy, Eric Meier or Samantha Schacht for modifications made by Indiana since that date. Visit our 50-State Construction Law Map for information on other states.