This article is a continuation of Monday’s article, and we will be discussing in detail the new payment terms for all construction contracts in Virginia....more
4/20/2022
/ Breach of Contract ,
Construction Contracts ,
Construction Industry ,
Contractors ,
Good Faith ,
Invoices ,
Non-Payment Clauses ,
Pay if Paid ,
Pay When Paid ,
Payment Systems ,
Subcontractors ,
Virginia ,
Wage Theft
(Part one of a two-part article series)
Confused about “pay-when-paid”, “pay-if-paid” clauses and the requirements of Virginia’s Prompt Payment Act on Virginia construction contracts? A new law intending to change the...more
4/19/2022
/ Breach of Contract ,
Construction Contracts ,
Construction Project ,
Contract Terms ,
Pay if Paid ,
Pay When Paid ,
Payment Systems ,
Prompt Payment ,
Proposed Amendments ,
Public Projects ,
Risk Allocation ,
Subcontractors ,
Virginia