Wrongful withholding. A payment is not deemed to be wrongfully withheld if it bears a reasonable relation to the value of any claim held in good faith by the owner, contractor or subcontractor against which an invoicing contractor, subcontractor or material supplier is seeking to recover payment. [PL 1993, c. 461, §1 (NEW).]
Appears in 7 contracts
Samples: Construction Contract, Construction Contract, Construction Contract
