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The Real Lemon in the Bunch: Understanding Pay-If-Paid Clauses in Construction Contracts

Best Practices Construction Law

Contractors have a means of shifting the risk of non-payment by the owner to its subcontractor by including a certain payment provisions in the subcontract agreement. Court of Appeals for the 4th Circuit concluded that a “pay if paid” clause in a subcontract was not ambiguous and, therefore, enforceable against the subcontractor.

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#96:  Payment Bond Sureties and "Pay-if-Paid" Subcontracts

NH Construction Law

It is often said that a payment bond surety may assert all of the contractual defenses to payment enjoyed by its principal. If the principal is a general contractor with a “pay-if-paid” clause in its subcontracts, must a subcontractor wait for the general contractor to be paid before it can collect on a payment bond?

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The Real Lemon in the Bunch: Understanding Pay-If-Paid Clauses

Best Practices Construction Law

Contractors have a means of shifting the risk of non-payment by the owner to its subcontractor by including a certain payment provisions in the subcontract agreement. Court of Appeals for the 4th Circuit concluded that a “pay if paid” clause in a subcontract was not ambiguous and, therefore, enforceable against the subcontractor.

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State by State Incentives Guide

Buisness Facilities Contributed Content

The port bonus would therefore be equal to 5% of the qualified investment in expenses directly related to manufacturing or providing telecommunication services, with the credit increasing to 8% for recycling, pollution control and defense conversion. Qualifying defense contractors. Qualifying financial service providers.

Income 108
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

In addition to the manufacturing industry and California’s small business employers, the Panel also prioritizes nanotechnology, biotechnology and life sciences, goods movement and transportation logistics, aerospace and defense, advanced IT services, multimedia/entertainment, healthcare, construction, agriculture and renewables.

Income 75
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Feature Story: 2016 Economic Development Awards

Buisness Facilities Contributed Content

Eleven different Pennsylvania-based construction companies already have been subcontracted to do much of the work, and many more opportunities will be made available as the project goes forward. defense department, with an additional $500 million in state and private investment. Andrew Cuomo. ACHIEVEMENT IN WORKFORCE TRAINING.

Indiana 40