16-1802. Definitions.
16-1802
16-1802. Definitions. As used in this act:
(a) "Construction" means furnishing labor, equipment, material or supplies used or consumed for the design, construction, alteration, renovation, repair or maintenance of a building, structure, road, bridge, water line, sewer line, oil line, gas line, appurtenance or other improvement to real property, including any moving, demolition or excavation.
(b) "Contract" means a contract or agreement concerning construction made and entered into by and between an owner and a contractor, a contractor and a subcontractor or a subcontractor and another subcontractor.
(c) "Contractor" means a person performing construction and having a contract with an owner of the real property or with a trustee, agent or spouse of an owner.
(d) "Owner" means a person who holds an ownership interest in real property.
(e) "Person" means an individual, corporation, estate, trust, partnership, limited liability company, association, joint venture or any other legal entity.
(f) "Retainage" means money earned by a contractor or subcontractor but withheld to ensure proper performance by the contractor or subcontractor.
(g) "Subcontractor" means any person performing construction covered by a contract between an owner and a contractor but not having a contract with the owner.
History: L. 2005, ch. 156, § 2; July 1.