News & Updates

Pay-When-Paid vs. Pay-If-Paid: When (or If) Will You Get Paid?

11/18/2019

Ohio construction contracts frequently include clauses which condition payment to a lower-tier upon the general contractor’s receipt of payment from the owner. Two very distinct contingent payment clauses exist: the “pay-when-paid” and the “pay-if-paid” clause. Each has vastly different payment consequences:

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