Archives for August 2019

New Minnesota Retainage Law as of August 1st

Several changes to Minnesota retainage laws were introduced during this past legislative session and have now been signed into law by Governor Walz. This email contains some highlights of the new retainage law as it will apply to all Minnesota contracts signed on or after August 1, 2019. The 2019 retainage changes will apply to all construction projects utilizing retainage in Minnesota - public and private. General contractors must reduce retainage at the same rate that owners reduce … [Read more...]

DMEPOS Bond for Dentists

The Centers for Medicare & Medicaid Services (CMS) now requires dentists who are providers of Durable Medical Equipment, Prosthetic and Orthotic Suppliers (DMEPOS) to have a surety bond.  The bond is required of those who bill Medicare for equipment they sell.  The rule’s goal is to bring dental sleep medicine practitioners into compliance with the Medicare DMEPOS bond requirement pursuant to 43 CRF §424,57(c) to prevent fraudulent activity within the industry. Section 4312(b) requires … [Read more...]