Blogs

Most subcontractors skim contracts looking at scope, price, and schedule. Buried in the middle somewhere — usually in dense legal language — is a clause that can completely determine whether you get paid. It will say either: “Pay-When-Paid” or “Pay-If-Paid” They sound almost identical. They are not. And if you don’t understand the difference, you could be financing someone else’s project without even realizing it. Pay-When-Paid: A Timing I …