As everyone in the construction industry knows, timely payment is essential. However, the payment process can be complicated, with unexpected issues throwing plans off course.
In their second webinar of 2021, Cohen Seglias’ Construction Contracts & Risk Management Group will discuss what rights contractors and subcontractors alike have (and do not have) when it comes to getting paid. John Greenhall and Lisa Wampler will compare pay-if-paid and pay-when-paid, and will review retainage, monthly releases, suspension of work for non-payment and deficiency notices. They will also share tips for reviewing and negotiating contracts to lower the chance of delayed payment.