Mississippi
For Mississippi, owner-to-gc payment deadline (days) is 30; gc-to-sub flow-down deadline (days) is 15; late-payment interest rate is 1% per month; project types covered is both; attorney fees recoverable is no, verified against its source on 2026-08-15.
- State
- Mississippi verified
- Owner-to-GC payment deadline (days)
- 30 verified
- GC-to-sub flow-down deadline (days)
- 15 verified
- Late-payment interest rate
- 1% per month verified
- Project types covered
- both verified
- Attorney fees recoverable
- no verified
- Statutory citation
- Miss. Code §§ 87-7-3, 87-7-5 (private); §§ 31-5-25, 31-5-27 (public) verified
What the source says
Late payments to prime contractors will accrue interest at 1% per month starting on the 31st day after payment was set within the contract. Regarding payments to subcontractors, late payments will be penalized with a 0.5% interest per day, but cannot exceed 15% of the outstanding balance. Mississippi Prompt Payment Frequently Asked Questions Mississippi Prompt Payment Private Projects FAQs https://www.levelset.com/prompt-payment/mississippi-prompt-payment-faqs/#faq-item-private-projects-do-i-have-to-send-a-letter-or-file-anything-to-qualify-for-prompt-payment-penalties-or-remedies-in-mississippi Do I have to send a letter or file anything to qualify for Prompt Payment Penalties or Remedies in Mississippi? The Mississippi prompt payment statutes apply with no specific additional requirements other than the performance of the work and the payment becoming due.
— levelset.com, retrieved 2026-08-15
Source
- levelset.comhttps://www.levelset.com/prompt-payment/mississippi-prompt-payment-faqs/