DE HB109

Amends Delaware Code Title 6, Section 3507(e) to declare void and unenforceable contingent payment clauses in construction contracts and subcontract agreements.

Prohibits provisions that make a contractor assume the risk of owner nonpayment or require contractors to waive statutory rights to litigation or arbitration until payment is received.

Voids provisions that make bond obligations contingent on owner payment or require contractors to rely on owner credit rather than the general contractor's or bonding company's credit.

Prohibits contract provisions requiring construction disputes to be governed by laws of states other than Delaware or requiring dispute resolution proceedings to occur outside Delaware.