The Future of Pay-if-Paid Clauses in Construction Contracts
Payment provisions are one of the stickiest areas in construction disputes. Many states have developed laws addressing project payment timeliness, including prompt payment and retainage regulations. However, pay-if-paid clauses condition a subcontractor’s claim to compensation on the general contractor’s obtaining money from the owner. Pay-if-paid construction contract clauses are losing favor, and the most recent […]
