Louisiana
For Louisiana, gc-to-sub flow-down deadline (days) is 14; late-payment interest rate is 0.5% per day, up to 15% maximum; project types covered is both; attorney fees recoverable is yes; statutory citation is La. Rev. Stat. §9:2784, recorded from its source on 2026-08-15; source re-checked 2026-09-29.
- State
- Louisiana
- GC-to-sub flow-down deadline (days)
- 14
- Late-payment interest rate
- 0.5% per day, up to 15% maximum
- Project types covered
- both
- Attorney fees recoverable
- yes our reading
- Statutory citation
- La. Rev. Stat. §9:2784
Values marked our reading are our classification of what the source says — the source does not print them in those words. The quote below is the evidence for each one; judge it yourself.
What the source says
If the contractor or subcontractor without reasonable cause fails to make any payment to his subcontractors and suppliers within fourteen consecutive days of the receipt of payment from the owner for improvements to an immovable, the contractor or subcontractor shall pay to the subcontractors and suppliers, in addition to the payment, a penalty in the amount of one-half of one percent of the amount due, per day, from the expiration of the period allowed herein for payment after the receipt of payment from the owner. The total penalty shall not exceed fifteen percent of the outstanding balance due.
— levelset.com, retrieved 2026-08-15
Source
- levelset.comhttps://www.levelset.com/prompt-payment/louisiana-prompt-payment-faqs/