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SB 440 Explained: How California's Fair Payment Act Stacks Up Against Global Construction Payment Laws
Is California finally catching up with the rest of the world on contractor payment protections? In this episode, we break down California's Fair Payment Act (SB 440) and compare it to prompt payment laws across Canada, Europe, and Asia — revealing what the U.S. construction industry can learn from international standards.
We explore how strict payment deadlines, high-interest late penalties, mandatory mediation, and statutory suspension rights are becoming the global baseline for protecting contractor cash flow — and why enforcement is everything.
Whether you're a general contractor…
The skinny
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