(1) Any claim arising from a construction contract executed and administered by the Transportation Cabinet pursuant to the provisions of KRS Chapters 175, 176, 177 and 180 shall be commenced in Franklin Circuit Court within one (1) year from the time the Commonwealth has determined final pay quantities and issues a final pay estimate to the contracting party, notifying him of its final determination, or from the receipt of a final adverse decision from the Commonwealth, whichever occurs later.
(2) Any other claim shall be commenced in Franklin Circuit Court within one (1) year from the date of completion specified in the contract.

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Terms Used In Kentucky Statutes 45A.260

  • Contract: A legal written agreement that becomes binding when signed.
  • Year: means calendar year. See Kentucky Statutes 446.010

Effective: July 13, 1984
History: Amended 1984 Ky. Acts ch. 354, sec. 1, effective July 13, 1984. — Repealed and reenacted as KRS § 45A.260, 1978 Ky. Acts ch. 110, sec. 52, effective January 1,
1979. — Amended 1974 Ky. Acts ch. 181, sec. 5. — Created 1966 Ky. Acts ch. 180, sec. 6.
Formerly codified as KRS § 44.310.