Common Law Analysis – Pay-if-paid, Pay-when-paid & Liquidating Agreements in Construction Contracts
Construction Law Monitor
AUGUST 9, 2011
Brennan’s The Construction Contracts Book. Liquidating Agreement. Another technical term that is not often discussed in construction, yet is present in many construction contracts is the mechanism know as a “liquidating agreement” Sloan pg 16. Do not confuse a liquidating agreement with liquidated damages.
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