whom the subcontractor has contracted.
(b) Disclosure of payment dates.--A contractor or
subcontractor shall disclose to a subcontractor, before a
subcontract is executed, the due date for receipt of payments
from the owner. Notwithstanding any other provision of this act,
if a contractor or subcontractor fails to accurately disclose
the due date to a subcontractor, the contractor or subcontractor
shall be obligated to pay the subcontractor as though the due
dates established in section 5(c) were met by the owner. This
subsection shall not apply to a change in due dates because of
conditions outside of the contractor's control, including, but
not limited to, design changes, change orders or delays in
construction due to weather conditions.
(c) Time for payment.--When a subcontractor has performed in
accordance with the provisions of the construction contract, a
contractor shall pay to the subcontractor, and each
subcontractor shall in turn pay to the subcontractor's
subcontractors, the full or proportional amount received for
each such subcontractor's work and materials, based on work
completed or service provided under the subcontract, 14 days
after receipt of each progress or final payment or 14 days after
receipt of the subcontractor's invoice, whichever is later.
Payment shall be made under this section unless it is being
withheld under section 11.
(d) Interest.--If any progress or final payment to a
subcontractor is delayed beyond the date established in
subsection (b) or (c), the contractor or subcontractor shall pay
the subcontractor interest, beginning on the next day, at the
rate provided for in section 5(d) on the balance that is at the
time due and owing.
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