Pay-if-paid: 100% Valid, But Not Absolute

Pay-if-paid clauses. They are the thorn in every subcontractor’s and supplier’s side.  Even GC reps, while loving the risk protection these clauses provide, know they’re not fair.  And they only really exist in the construction industry.  Certainly your credit card company, your mechanic, or your butcher would never agree to be paid only after you […]

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