Prime contractors are frequently required to release retained subcontract payments when the project owner releases retained prime contract payments to the contractor. This obligation may be imposed by the terms of the subcontract or it may be imposed by a “prompt payment” statute. In either case, the rationale is that the subcontractor’s portion of the retainage should be passed through to the sub once the owner is no longer retaining those funds to assure project completion. Read more.
Actually, the equipment involved were front end loaders. Nevertheless, it's hard to believe this actually happened. A dispute among workers on a construction project resulted in a street brawl with six clashing bulldozers. Read more.