{"data":{"id":"us-ok/okla.-stat.-tit.-61-61-223","jurisdiction":"us-ok","citation":"Okla. Stat. tit. 61, § 61-223","heading":"Construction contracts - Progress payments - Reduction","body":"A. On all construction contracts exceeding Twenty-five Thousand\n\nDollars ($25,000.00) in value an owner shall make progress payments\n\nto the prime contractor for work performed and materials properly\n\nstored, within thirty (30) calendar days after a proper invoice is\n\nsubmitted to the owner or a representative designated by the owner.\n\nB. An owner or entity designated by the owner, may not reduce a\n\nproper invoice of a prime contractor without detailing and\n\nforwarding to the prime contractor, within fourteen (14) calendar\n\ndays of receipt of the proper invoice, the reasons for reduction.\n\nThe reduction may not be more than an amount that is reasonable to\n\ncorrect the work, as set forth in writing.\n\nC. If a contracting entity has had their proper invoice reduced\n\nby another entity all other affected entities having a construction\n\ncontract with the contracting entity shall be notified within seven\n\n(7) calendar days. Except as affected by a prior reduction, a prime\n\ncontractor or subcontractor may not reduce the proper invoice of\n\nanother subcontractor, sub-subcontractor, or material supplier\n\nwithout detailing and forwarding to the subcontractor, sub-\n\nsubcontractor, or material supplier, within seven (7) calendar days\n\nof receipt of the proper invoice, the reasons for reduction. A\n\nprime contractor, subcontractor, or sub-subcontractor may also\n\nreduce a payment of a contracted party from a previous proper\n\ninvoice. Any such reductions may not be more than an amount that is\n\nreasonable to correct the reasons for reduction, as set forth in\n\nwriting. Any prime contractor, subcontractor or sub-subcontractor\n\nmay be exempt from notification if the reduction is less than one\n\npercent (1%) of its net proper invoice or is due to mathematical\n\nerrors.","path":["OK Code","Title 61"],"source_url":"https://www.oklegislature.gov/OK_Statutes/CompleteTitles/os61.pdf","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:36Z","sha256":"3970b55c5a3b94f096454c348028b6641d8e2c127d20721fc1db5df9f7be84a9","source_id":"us-ok","stale":false,"prev":"us-ok/okla.-stat.-tit.-61-61-222","next":"us-ok/okla.-stat.-tit.-61-61-224"},"notice":"GroundRules: Original legal text. Not legal advice."}