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contingent payment

  • 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

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