Bargains, Risk and Subcontracting - Professional Constructor Central

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Subcontracting

#125: Pay-if-Paid Clauses and Contractor Default

NH Construction Law

MAY 20, 2023

The main purpose of such clauses is to shift the risk of owner nonpayment, whether due to owner insolvency or owner breach, from the contractor to the subcontractors. JBC Merger Sub LLC v. Tricon Enterprises, Inc. , 145, 286 A.3d 3d 1186 (2022), didn’t think so. Quinn Construction, Inc. Skanska USA Building, Inc. , 730 F.Supp.2d

Contractors

Contractors Bargains New Hampshire Contract

#67: Paying Your Subcontractor's Employees

NH Construction Law

MAY 28, 2018

Before subcontracting any significant portion of a long term job to someone who isn’t known to be financially solvent, the wise general will ask for proof that the sub can carry the strain of weekly payroll through a monthly requisition procedure, with retainage. But hey, who ever said that general contracting was risk-free?

Subcontracting

Subcontracting New Hampshire Lien Insurance

#125: Pay-if-Paid Clauses and Contractor Default

#67: Paying Your Subcontractor's Employees

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