# Michigan — Construction prompt payment act deadlines by US state — owner-to-contractor and contractor-to-subcontractor payment windows, retention release deadlines, and late-payment interest rates

For Michigan, late-payment interest rate is reasonable interest (capped at 7% per year by statute); project types covered is public; attorney fees recoverable is no; statutory citation is Mich. Comp. Laws §§ 125.1561 et seq, verified against its source on 2026-08-15.

- **State:** Michigan _(verified: appears in the quote below)_
- **Late-payment interest rate:** reasonable interest (capped at 7% per year by statute) _(verified: appears in the quote below)_
- **Project types covered:** public _(verified: appears in the quote below)_
- **Attorney fees recoverable:** no _(verified: appears in the quote below)_
- **Statutory citation:** Mich. Comp. Laws §§ 125.1561 et seq. _(verified: appears in the quote below)_

## What the source says

> Michigan Michigan Prompt Payment Overview Michigan Prompt Payment Requirements Private Jobs Public Jobs Top Links NO

## Source

- https://www.levelset.com/prompt-payment/michigan-prompt-payment-faqs/

Last verified: 2026-08-15. Review by: 2027-08-15.
Part of [Construction prompt payment act deadlines by US state — owner-to-contractor and contractor-to-subcontractor payment windows, retention release deadlines, and late-payment interest rates](https://referencesource.org/construction-prompt-payment-deadlines-by-state/).