What are the prompt payment rules for construction in New York?
Last reviewed July 5, 2026
New York requires payment to contractors within 30 days of receiving a proper invoice. Subcontractors must be paid within 7 days after the contractor receives payment. Late payments can incur interest charges of 1% per month after the due date.
Key points
- Payments due within 30 days for contractors
- Subcontractor payments due 7 days after contractor payment
- Interest on late payments at 1% per month
For public projects, prompt payment laws ensure contractors and subs get paid on time. If you're not paid, you can file a notice of claim, but keep track of the deadlines. Always check the contract terms as they may have specific requirements or conditions for payment.
How Alloovium helps
Alloovium helps you track compliance with payment deadlines and manage documentation related to invoices.
See how it worksRelated questions
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General information for US construction professionals — not legal advice. Lien deadlines, retainage caps and notice rules vary by state; verify with the state statute or a construction attorney.