ORS 701.410
Definitions
(1)
As used in ORS 279C.555 (Withholding of retainage), 279C.570 (Prompt payment policy), 701.410 (Definitions), 701.420 (Partial payment), 701.430 (Performance bond), 701.435 (Deposits in lieu of cash retainage) and 701.440 (Applicability to federal projects):(a)
“Construction” means:(A)
Excavating, landscaping, demolishing and detaching existing structures, leveling, filling in and otherwise preparing land for the making and placement of a building, structure or superstructure;(B)
Creating or making a building, structure or superstructure; and(C)
Altering, partially constructing and doing repairs in and upon a building, structure or superstructure.(b)
“Contractor” means a person that contracts with an owner on predetermined terms to be responsible for performing all or part of a job of construction in accordance with established specifications or plans, and that retains control of the means, method and manner of accomplishing the desired result.(c)
“Owner” means a person that is or claims to be the owner in fee or a lesser estate of the land, building, structure or superstructure on which construction is performed and that enters into an agreement with a contractor for the construction.(d)
“Subcontractor” means a person that contracts with a contractor or another subcontractor on predetermined terms to be responsible for performing all or part of a job of construction in accordance with established specifications or plans.(2)
As used in ORS 701.410 (Definitions), 701.420 (Partial payment), 701.430 (Performance bond), 701.435 (Deposits in lieu of cash retainage) and 701.440 (Applicability to federal projects), “retainage” means the difference between the amount a contractor or subcontractor earns under a construction contract and the amount the owner pays on the contract to the contractor, the amount the contractor pays on the contract to the subcontractor or the amount the subcontractor pays on the contract to another subcontractor. [1975 c.772 §1; 1987 c.158 §148; 1999 c.59 §209; 2003 c.794 §319; 2005 c.22 §§480,481; 2010 c.77 §7]
Source:
Section 701.410 — Definitions, https://www.oregonlegislature.gov/bills_laws/ors/ors701.html.
Attorney General Opinions
Constitutionality of the Act, (1976) Vol 37, p 1269
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