Arkansas
For Arkansas, owner-to-gc payment deadline (days) is 15; late-payment interest rate is 10% per year; project types covered is public; statutory citation is Ark. Code §§19-4-1411 and 22-9-205, verified against its source on 2026-08-15.
- State
- Arkansas verified
- Owner-to-GC payment deadline (days)
- 15 verified
- Late-payment interest rate
- 10% per year verified
- Project types covered
- public verified
- Statutory citation
- Ark. Code §§19-4-1411 and 22-9-205 verified
What the source says
This 5-day period does not include the “time required for transmittal from one party to another.” So at most, 15 days for processing, not including the “transmission” to the other parties. In regards to final payments, the public entity has 90 days from when the request was received. Penalties For Late Payment Starting the day after payment is due to the prime contractor, interest will begin accruing at 10% per year (0.833%/month) until payment is made. As for all other payments down the chain, the timing and late payment penalties will be determined by the terms of the contract. Arkansas Prompt Payment Frequently Asked Questions Arkansas’s prompt payment statutes set forth specific timeframes for when general contractors, subcontractors, suppliers, and others involved with a public construction project must be paid.
— levelset.com, retrieved 2026-08-15
Source
- levelset.comhttps://www.levelset.com/prompt-payment/arkansas-prompt-payment-faqs/