pay-if-paid

Saying Goodbye to “Pay-if-Paid” Clauses

If you are a construction subcontractor in Virginia, come the first of the year, you may see a shift in the timing of when you are paid.  Starting on January 1, 2023, Virginia has instituted a ban on the “pay-if-paid” clauses in construction contracts that put a burden on subcontractors when the general contractor was…

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