February 2018 | Tennessee Construction Lawyers

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Month: February 2018

Wally Irvin

February 22, 2018

“Pay that man his money,” or don’t. Contingent Payment in Tennessee for Subcontractors

The payment term is the most important provision of any subcontract. Subcontractors are not typically advanced money at the start of their work, requiring them to front the cost of construction based on the contractor’s contractual obligation to pay. But, a subcontractor must insure the contractor’s payment obligation is not…

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- Contract Negotiation, Subcontractors, Tennessee Case Law
- contingent payment, Contracts, Subcontractors