In April 2022, we discussed new amendments to Virginia’s Prompt Payment Act and Wage Theft statute. Although the 2022 amendments changed payment terms for all construction contracts in Virginia, the amended statutes...more
(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