§ 5-17-5-1 Penalty for late payments of amounts due on public contracts
§ 5-17-5-2 Exemption; “good faith dispute” defined
§ 5-17-5-3 Funds for late payment penalties; accrual of late payment penalty; defective claims
§ 5-17-5-4 Late payment penalties to subcontractors; accrual of interest
§ 5-17-5-5 List of agencies paying late payment penalties
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Terms Used In Indiana Code > Title 5 > Article 17 > Chapter 5 - Prompt Payment

  • Contract: A legal written agreement that becomes binding when signed.
  • Highway: includes county bridges and state and county roads, unless otherwise expressly provided. See Indiana Code 1-1-4-5
  • Month: means a calendar month, unless otherwise expressed. See Indiana Code 1-1-4-5
  • Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5