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Beware of “Pay-When-Paid” clauses in your construction contract
Manage episode 353570042 series 1269171
When it comes to construction projects, payment is a critical aspect of the process. However, some contracts may include “Pay-When-Paid” provisions, which can cause delays in payment to subcontractors and suppliers. These clauses state that payment will only be made to the subcontractor or supplier when payment has been received by the general contractor from …
The post Beware of “Pay-When-Paid” clauses in your construction contract appeared first on TheLienZone Podcast.
300 epizódok
Beware of “Pay-When-Paid” clauses in your construction contract
The Lien Zone Podcast: Construction Law, Contracts, Liens, Bonds & Collections
Manage episode 353570042 series 1269171
When it comes to construction projects, payment is a critical aspect of the process. However, some contracts may include “Pay-When-Paid” provisions, which can cause delays in payment to subcontractors and suppliers. These clauses state that payment will only be made to the subcontractor or supplier when payment has been received by the general contractor from …
The post Beware of “Pay-When-Paid” clauses in your construction contract appeared first on TheLienZone Podcast.
300 epizódok
Minden epizód
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