Decoding ‘Pay-When-Paid’: Navigating Contractual Pitfalls in Construction
In this episode of TheLienZone Podcast, Alex Barthet navigates the intricate maze of “Pay-When-Paid” clauses found in construction contracts. Uncover the ripple effects these stipulations can create, often resulting in prolonged payment timelines, economic pressures on subcontractors and suppliers, and the potential escalation to legal battles. Highlights include: Demystifying the nuances of “Pay-When-Paid” clauses and …