The bill amends the requirements for preliminary lien notices related to construction projects in Wyoming. Specifically, it revises the timeline for when subcontractors and materialmen must send their notices. Instead of the previous requirement to send notice within thirty days after first providing services or materials, the new requirement stipulates that the notice must 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 new language that protects subcontractors and materialmen from being barred from asserting a lien if the contractor fails to provide the required information. This change aims to ensure that subcontractors and materialmen have a fair opportunity to assert their rights in the event of non-payment. The act is set to take effect on July 1, 2025.

Statutes affected:
Introduced: 29-2-112