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ATTACHMENT `A' <br />CHANGE ORDER 2 <br />CITY OF NEW BRIGHTON <br />PROJECT 07-12 <br />Minnesota Statutes 471.425, Subd. 4a. Prompt payment to subcontractors. Each contract of a <br />municipality must require the prime contractor to pay any subcontractor within ten days of the <br />prime contractor's receipt of payment from the municipality for undisputed services provided by <br />the subcontractor. The contract must require the prime contractor to pay interest of 1-1/2 percent <br />per month or any part of a month to the subcontractor on any undisputed amount not paid on time <br />to the subcontractor. The minimum monthly interest penalty payment for an unpaid balance of <br />$100 or more is $10. For an unpaid balance of less than $100, the prime contractor shall pay the <br />actual penalty due to the subcontractor. A subcontractor who prevails in a civil action to collect <br />interest penalties from a prime contractor must be awarded its costs and disbursements, including <br />attorney's fees, incurred in bringing the action. <br />