Common Law Analysis – Pay-if-paid, Pay-when-paid & Liquidating Agreements in Construction Contracts
Construction Law Monitor
AUGUST 9, 2011
Another technical term that is not often discussed in construction, yet is present in many construction contracts is the mechanism know as a “liquidating agreement” Sloan pg 16. Pass Through Claims and Liquidation Agreements , Constr. ” This is similar to subrogation in the insurance context. Sloan pg 17. See Carl A.
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