Pay When Paid Provisions in Construction Contracts
By Christopher M. Cobb January 6, 2020 Posted in Construction Law
A “pay when paid” or “pay if paid” provision is often used in construction contracts to shift the risk of payment by the owner down to the subcontractors. They are sometimes referred to as contingent payment clauses and typically makes the subcontractor’s payment contingent upon the payment of the contractor […]
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