Pay When Paid/Pay if Paid/Construction/KY, LA, KS, NE, MS, SC, TN, AR, AL, GA, FL, MO/Bonding/Bonds/Neill Bonding & Insurance

“Pay When Paid”

—Suspends the general contractor’s obligation to pay the subcontractor for a reasonable time while the general contractor attempts to collect payment from the owner.“Pay If Paid”

—Establish the payment by the owner to the general contractor as a condition precedent to the general contractor’s obligation to pay the subcontractor.

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