Pay if Paid Clauses and Other
Contingent Payments

Webinar Details

Presenter: Nate Budde, Chief Legal Officer

Duration: 15 Minutes

Published: August, 2014

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The zlien legal integrity you trust

Do you understand who bears the
financial risk in your construction contracts?

About this webinar:

America's public policy indicates a belief that general contractors and property owners (those at the top of the payment ladder in construction) should bear the burden of a project’s financial risk. In order to escape that burden, those parties often include contingent payment provisions in their contracts that shift financial risk back onto subcontractors and suppliers.

This webinar explores these provisions, how they are viewed by courts and legislatures, and the current landscape of contingent payment provisions.

This webinar will cover: 

• The challenges of getting paid in the construction industry
• The foundational belief that subcontractors and suppliers should not bear the financial risk of a construction project
• The background of financial risk-shifting in construction contracts
• The back and forth battle between contract and policy
• Pay if Paid provisions generally disfavored
• And more