Beware of “Pay-When-Paid” clauses in your construction contract
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When it comes to construction projects, payment is a critical aspect of the process. However, some contracts may include “Pay-When-Paid” provisions, which can cause delays in payment to subcontractors and suppliers. These clauses state that payment will only be made to the subcontractor or supplier when payment has been received by the general contractor from …
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Beware of “Pay-When-Paid” clauses in your construction contract