As used in the Prompt Payment Act:
A. "construction" means building, altering, repairing, installing or demolishing in the ordinary course of business any:
(1) road, highway, bridge, parking area or related project;
(2) building, stadium or other structure;
(3) airport, subway or similar facility;
(4) park, trail, athletic field, golf course or similar facility;
(5) dam, reservoir, canal, ditch or similar facility;
(6) sewage or water treatment facility, power generating plant, pump station, natural gas compression station or similar facility;
(7) sewage, water, gas or other pipeline;
(8) transmission line;
(9) radio, television or other tower;
(10) water, oil or other storage tank;
(11) shaft, tunnel or other mining appurtenance;
(12) electrical wiring, plumbing or plumbing fixture, gas piping, gas appliances or water conditions;
(13) air conditioning conduit, heating or other similar mechanical work;
(14) leveling or clearing land;
(15) excavating earth;
(16) drilling wells of any type, including seismographic shot holes or core drilling; and
(17) similar work, structures or installations;
B. "contractor" means a person performing construction through a contract with an owner;
C. "owner" means a person, local public body or state agency other than the department of transportation;
D. "person" means an individual, corporation, business trust, estate, trust, partnership, limited liability company, association, joint venture or similar legal entity; and
E. "subcontractor" means a person performing construction for the owner not through a contract with the owner.
History: Laws 2001, ch. 68, § 2; 2007, ch. 213, § 2.
The 2007 amendment, effective June 15, 2007, changed the title of the act and eliminates the definition of "retainage".