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Decoding ‘Pay-When-Paid’: Navigating Contractual Pitfalls in Construction
Manage episode 464231999 series 1269171
In this episode of TheLienZone Podcast, Alex Barthet navigates the intricate maze of “Pay-When-Paid” clauses found in construction contracts. Uncover the ripple effects these stipulations can create, often resulting in prolonged payment timelines, economic pressures on subcontractors and suppliers, and the potential escalation to legal battles.
Highlights include:
- Demystifying the nuances of “Pay-When-Paid” clauses and their repercussions on payment schedules.
- Unraveling the cascading consequences of these clauses, leading to financial tensions and project setbacks.
- Strategies and insights to safeguard your interests amidst these contractual conditions.
Equip yourself with the knowledge to circumvent pitfalls linked to these pivotal contract elements.
About Alex Barthet
Alexander Barthet is a board-certified construction attorney in Florida and holds a B.S. in mechanical engineering. He manages The Barthet Firm, a ten-lawyer construction law firm in Miami, and maintains a construction law blog at www.TheLienZone.com. He can be reached at 305-347-5295 or alex@barthet.com.
300 afleveringen
Decoding ‘Pay-When-Paid’: Navigating Contractual Pitfalls in Construction
The Lien Zone Podcast: Construction Law, Contracts, Liens, Bonds & Collections
Manage episode 464231999 series 1269171
In this episode of TheLienZone Podcast, Alex Barthet navigates the intricate maze of “Pay-When-Paid” clauses found in construction contracts. Uncover the ripple effects these stipulations can create, often resulting in prolonged payment timelines, economic pressures on subcontractors and suppliers, and the potential escalation to legal battles.
Highlights include:
- Demystifying the nuances of “Pay-When-Paid” clauses and their repercussions on payment schedules.
- Unraveling the cascading consequences of these clauses, leading to financial tensions and project setbacks.
- Strategies and insights to safeguard your interests amidst these contractual conditions.
Equip yourself with the knowledge to circumvent pitfalls linked to these pivotal contract elements.
About Alex Barthet
Alexander Barthet is a board-certified construction attorney in Florida and holds a B.S. in mechanical engineering. He manages The Barthet Firm, a ten-lawyer construction law firm in Miami, and maintains a construction law blog at www.TheLienZone.com. He can be reached at 305-347-5295 or alex@barthet.com.
300 afleveringen
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