Contractor Talk - Professional Construction and Remodeling Forum banner

1 - 8 of 8 Posts

·
Registered
Joined
·
3,265 Posts
Owner / GC agreements don't have 'paid when paid' clauses - only Contractor / Subcontractor agreements.
 

·
Registered
Joined
·
23 Posts
Discussion Starter #5
Ok so which contractor sub agreement would have that in it?
PipeGuy said:
Owner / GC agreements don't have 'paid when paid' clauses - only Contractor / Subcontractor agreements.
 

·
Registered
Joined
·
3,265 Posts
The A101 is an Owner/Contractor 'Stipulated Sum' agreement. A401 is a Contractor/Subcontractor 'Subcontract Sum' agreement. Both provide for Change Orders.
A401 requires that the Contractor make progress payments within three working days of receiving paqyment from the Owner.
What credit card would you like to use to pay for this? :cheesygri
 

·
Registered
Joined
·
23 Posts
Discussion Starter #7
Thanks pipeguy your the man. Ill have to pull out the platnum card for these.
PipeGuy said:
The A101 is an Owner/Contractor 'Stipulated Sum' agreement. A401 is a Contractor/Subcontractor 'Subcontract Sum' agreement. Both provide for Change Orders.
A401 requires that the Contractor make progress payments within three working days of receiving paqyment from the Owner.
What credit card would you like to use to pay for this? :cheesygri
 

·
Registered
Joined
·
20 Posts
There is no paid when paid clause in any AIA documents. It's a lawer's or contractor's wording stating that is he doesn't get paid neither do you, period.

There are clauses that state that the contract is to pay the sub contractor and or vendor monies from this payment application, less any lol, deductions for workmanship, delays, and anything else they can think of.
 
1 - 8 of 8 Posts
Top