The commissioner shall pay any sum due any contractor under any contract awarded by him not later than sixty days after its completion and acceptance. After such sixty-day period, interest shall begin to run in favor of the contractor at the rate of six per cent per annum on the unpaid balance.
Conn. Gen. Stat. § 13a-96
Payment to contractor under highway contract
(1953, S. 1187d; 1958 Rev., S. 13-70; 1963, P.A. 226, S. 96.) History: 1963 act replaced previous provisions: See title history.
Official source: Connecticut General Assembly. Reproduced from public-domain Connecticut statutes; confirm against the official source for the current text. Not legal advice.