Minnesota
For Minnesota, owner-to-gc payment deadline (days) is 30; gc-to-sub flow-down deadline (days) is 10; retention release deadline (days) is 60; late-payment interest rate is 1.5% per month; project types covered is both, verified against its source on 2026-08-15.
- State
- Minnesota verified
- Owner-to-GC payment deadline (days)
- 30 verified
- GC-to-sub flow-down deadline (days)
- 10 verified
- Retention release deadline (days)
- 60 verified
- Late-payment interest rate
- 1.5% per month verified
- Project types covered
- both verified
- Attorney fees recoverable
- yes verified
- Statutory citation
- Minn. Stat. § 337.10 (private); §§ 15.71–74, 16A-1245, 471.425, 137.36, 473.142 (public) verified
What the source says
1.5% per month. However, the monthly interest penalty will be a minimum of $10 for unpaid balances of at least $100 or more. Furthermore, if the dispute goes to court, the prevailing party will be awarded costs and attorney fees. Public Projects Payments on Minnesota public works projects are governed by a few different statutes depending on the public entity that contracted the project. These are <https://www.levelset.com/prompt-payment/minnesota-prompt-payment-faqs/#faq-item-statute-public-projects-15-71-public-contracts-definitions> Minn. Stat. Ann §§15.71-74, 16A-124, 16A-1245, 471.425, 137.36, and 142. Payment Deadlines for Public Projects Regarding payments from the public entity to the prime contractor, almost all public works projects in Minnesota require payment to be made within 30 days of receipt of a proper request for payment.
— levelset.com, retrieved 2026-08-15
Source
- levelset.comhttps://www.levelset.com/prompt-payment/minnesota-prompt-payment-faqs/