Which of the following is NOT a reason for a contractor to suspend performance under the Prompt Pay Act?

A contractor may suspend performance under the Prompt Pay Act when faced with specific situations that undermine the financial viability of continuing a project. The correct answer indicates that project owner bankruptcy is not a reason for suspension under this act.

In the context of the Prompt Pay Act, a contractor is allowed to suspend work primarily due to non-payment issues, which can include timely payments that are not made, repeated late payments, or a refusal by the project owner to negotiate terms that could lead to timely payments. These conditions directly affect the contractor's cash flow and ability to continue performing work as expected.

However, while project owner bankruptcy can indeed pose challenges for a contractor, it is not explicitly one of the reasons under the Prompt Pay Act that would justify the suspension of performance. Bankruptcy typically falls under different legal considerations and may not provide an immediate basis for suspension without first assessing the payment circumstances. Thus, the distinction lies in the specific actionable reasons outlined in the Prompt Pay Act itself.