Ashley J. Sherwood and Dan W. Ballesteros | Seyfarth Shaw Clauses that can affect your right to payment in different U.S. states In contracts that can sometimes be hundreds of pages, the provisions that contractors (and their attorneys) scrutinize the most concern payment. But it is not just the obvious payment application or interest clauses… Continue reading Making Dollars And ‘Cents’ Of Key Contractual Payment Provisions And How State Law Can Impact Your Rights
Tag: Payment Provision
Enforceability Of Subcontract “Pay-When-Paid” Provisions – An Important Update
Patrick McNamara | Porter Law Group A California Court of Appeals opinion published earlier this month brings a change to payment bond claims brought by unpaid subcontractors and suppliers. The decision (Crosno Construction, Inc. v. Travelers Casualty and Surety Company of America) places limitations on a payment bond surety’s ability to rely on subcontract “pay-when-paid”… Continue reading Enforceability Of Subcontract “Pay-When-Paid” Provisions – An Important Update
Understanding Contract Payment Provisions
Amandeep S. Kahlon | Bradley Arant Boult Cummings LLP | March 19, 2019 Payment terms and conditions are an important piece of every construction contract. Taking some time to understand your payment obligations will help you successfully administer your project and, hopefully, avoid disputes. Although many construction projects utilize industry-standard form contracts with set payment… Continue reading Understanding Contract Payment Provisions