Pay When Paid

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Pay-When-Paid and Pay-If-Paid Clauses Explained

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Have you ever come across the words “Pay-When-Paid” or “Pay-If-Paid” in your construction contracts? These provisions are ultimately about determining who will bear the financial risk of a construction project. In other...

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Pay When Paid and Pay If Paid: Delaware

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Sometimes, it seems as if determining whether pay if paid clauses and/or pay when paid clauses are enforceable in a certain state is nearly impossible. In many states, the question...

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Connecticut Pay If Paid Clauses

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Pay if paid and pay when paid clauses are treated differently depending on the state. Some, like Illinois, North Carolina, and Wisconsin, have statutory restrictions on such clauses, and others,...

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