With six kids, not a week goes by that I don’t catch one of them running through the house. In fact, I was on a call this morning when out of the corner of my eye I saw a blur racing down the hall. I did a double take—not knowing which one it was—and whispered
pay when paid
The Real Lemon in the Bunch: Understanding Pay-If-Paid Clauses in Construction Contracts
As you may be aware, one of the greatest risks on a construction project involves the payment process. Just like my kids expect to be paid for the lemonade they sell, contractors and subcontractors expect to be paid on a timely basis once the work has been performed.
Contractors have a means of shifting the…
The Real Lemon in the Bunch: Understanding Pay-If-Paid Clauses
As you may be aware, one of the greatest risks on a construction project involves the payment process. Just like my kids expect to be paid for the lemonade they sell, contractors and subcontractors expect to be paid on a timely basis once the work has been performed.
Contractors have a means of shifting the…
Fourth Circuit Concludes that “Pay if Paid” Clause is Unambiguous and Enforceable
As you may be aware, one of the greatest risks on a construction project involves the payment process. Particularly in these economic hard times, a contractor and its subcontractors and suppliers expect to be paid on a timely basis once the work has been performed.…
Continue Reading Fourth Circuit Concludes that “Pay if Paid” Clause is Unambiguous and Enforceable