Tennessee
For Tennessee, owner-to-gc payment deadline (days) is 30; gc-to-sub flow-down deadline (days) is 30; retention release deadline (days) is 90; late-payment interest rate is 1.5% per month; project types covered is both, recorded from its source on 2026-08-15; source re-checked 2026-09-29.
- State
- Tennessee verified
- Owner-to-GC payment deadline (days)
- 30 verified
- GC-to-sub flow-down deadline (days)
- 30 verified
- Retention release deadline (days)
- 90
- Late-payment interest rate
- 1.5% per month verified
- Project types covered
- both verified
- Attorney fees recoverable
- discretionary our reading
- Statutory citation
- Tenn. Code §66-34-101 et seq.
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
Once the prime has received payment, all other payments must be made within 30 days of receipt of payment. Penalties for Late Payment on Public Projects Any wrongfully withheld payments will be subject to a 1.5% per month interest rate, accruing the day after payment becomes due. If still unpaid for 60 days, the interest accrued up to that point will be added to the principal amount of the debt, and continue to accrue on the increased amount. Tennessee Prompt Payment Frequently Asked Questions Tennessee's prompt payment requirements are found in two separate statutes: One for private construction projects (Tenn. Code Ann. § 66-34-101 et. seq.), and one for public construction projects ( Tenn. Code Ann. § 12-4-701 et. seq. ). Below are frequently asked questions about both
— levelset.com, retrieved 2026-08-15
Source
- levelset.comhttps://www.levelset.com/prompt-payment/tennessee-prompt-payment-faqs/