Remove Change Orders Remove Contract Remove Drafting Remove Subcontracting
article thumbnail

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.

article thumbnail

Digital Builder Podcast Ep 22: How Specialty Contractors Can Navigate Contracts & Get Paid On Time

Autodesk Construction Cloud

In a perfect world, a contract should include a clear set of instructions that conveys well-defined expectations to all parties concerned. This episode of Autodesk’s Digital Builder podcast addresses the most common challenges with contracts and how simple adjustments can ensure you fully understand what you’re signing.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

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.

article thumbnail

Tips for Creating a Healthy Cash Flow

Best Practices Construction Law

Written Contract. As a preliminary matter, make sure that you get a written contract when starting a new project and make sure that both parties sign the agreement. Too many times I have represented parties who either "did the deal on a handshake" or "never signed the contract." Contract Provisions.

article thumbnail

A Primer on MasterFormat & Improving Construction Project Collaboration

Building Information Management

Various cost information is typically formatted as Products & Activities, General or Routine Maintenance, New Construction, Renovation and/or Repair, Sustainability/Green, Job Order Contracting (JOC), or any combination thereof. Procurement Requirements and Contracting Requirements. 00 00 00 Procurement and Contracting.

article thumbnail

A Primer on MasterFormat & Improving Construction Project Collaboration

Building Information Management

Various cost information is typically formatted as Products & Activities, General or Routine Maintenance, New Construction, Renovation and/or Repair, Sustainability/Green, Job Order Contracting (JOC), or any combination thereof. Procurement Requirements and Contracting Requirements. 00 00 00 Procurement and Contracting.