Owner to Prime Contractor (Private): N/A
Prime Contractor to Subcontractor (Private): N/A
Interest/Penalties (Private): N/A
Owner to Prime Contractor (Public): 5 working days after invoice, excluding time of transmittal
Prime Contractor to Subcontractor (Public): N/A
Interest/Penalties (Public): Interest at a rate of 8% per year.
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 Arkansas since that date. Visit our 50-State Construction Law Map for information on other states.