Owner to Prime Contractor (Private): 14 days after receipt of invoice. Final payment due 7 days after approval of the work. Late payment allowed in limited circumstances using statutorily required language.
Prime Contractor to Subcontractor (Private): 7 days after receipt of payment from owner.
Interest/Penalties (Private): Interest at the higher rate of 1.5% per month or as agreed by contract. Reasonable attorneys’ fees and costs awarded to prevailing party.
Owner to Prime Contractor (Public): 30 days after receipt of invoice. Final payment due 30 days after acceptance of the work.
Prime Contractor to Subcontractor (Public): 10 days after receipt of payment from owner.
Interest/Penalties (Public): Progress payment: Interest at the rate set forth by statute, not to exceed 30%; final payment: interest at a rate of 1.5% per month.
Pay-If-Paid Permissible: Yes.
Disclaimer: This information was published on July 1, 2020. Please contact Josh Levy, Eric Meier or Samantha Schacht for modifications made by Oregon since that date. Visit our 50-State Construction Law Map for information on other states.