The bill amends the requirements for preliminary lien notices related to construction projects in Wyoming. Specifically, it changes the timeline for when subcontractors and materialmen must send their notices. Previously, they were required to send the notice within thirty days after first providing services or materials to the construction project. The new language stipulates that the notice must now be sent before the final payment is made by the owner to the general contractor. Additionally, the bill clarifies that failure to send the notice within the specified time will bar the right to assert a lien, except in cases where the contractor has not provided necessary information to the subcontractor or materialman.

Furthermore, the bill introduces provisions that protect subcontractors and materialmen from being barred from asserting a lien if the contractor fails to provide the required information. This change aims to enhance the rights of those providing services and materials in construction projects, ensuring they are not unfairly penalized due to the contractor's oversight. The act is set to take effect on July 1, 2025.

Statutes affected:
Introduced: 29-2-112