prime-contractor – Easy Law Finder

Waiting to Get Paid: Are Pay When Paid Provisions a Matter of When or If?

May 18, 2024

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by

In construction contracts, subcontractors may have to wait to get paid if the owner doesn’t pay the general contractor. This is called a “pay-when-paid” clause. It can be tricky because it might mean the subcontractor only gets paid after the owner pays the general contractor, or it might just set a reasonable timeframe for payment.…

Florida Construction Liens: Representing the Residential Owner

May 18, 2024

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by

Elf

in Florida BAR article

This article talks about how the law in Florida protects homeowners who are having a house built. In the past, homeowners could be held responsible for paying bills twice, but now the law protects them as long as they follow certain rules, like not paying the builder before receiving a notice. There are also ways…

The Subcontract Contingent Payment Clause: How Does It Affect the Construction Industry?

May 18, 2024

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by

Elf

in Florida BAR article

In simple words, a contingent payment clause in a subcontract means that the subcontractor takes on the risk of not getting paid by the owner. This is usually not good for the subcontractor because they may not be able to afford not getting paid. It can cause them a lot of problems, even if they…

What is the 8(a) Certification?

Mar 7, 2024

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by

Elf

in FAQ

The Government Agency offers the 8(a) Certification Program to provide opportunities for qualifying small businesses seeking access to the government contracts marketplace. The 8(a) program positions your company for contracting opportunities with government agencies and major prime contractors in a wide variety of industries.

Contractor Claims: What High Schoolers Need to Know

Mar 7, 2024

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by

Elf

in Blog article

1. Payment disputes occur when the owner fails to pay the contractor on time, leading to cash flow issues for the contractor and its subcontractors. 2. Change-in-scope disputes arise when the contractor is required to perform work that was not originally included in the contract, and the owner fails to pay for that additional work.…

“Florida Construction Liens: What is First Furnishing?”

Mar 7, 2024

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by

Elf

in Blog article

1. The Florida Construction Lien Law is important for contractors to ensure they get paid in full for their work. 2. It is critical for contractors to understand the procedural requirements for perfecting their lien rights under the law. 3. Lienors who are not in direct privity with the property owner must serve their Notice…

Tag: prime-contractor

Waiting to Get Paid: Are Pay When Paid Provisions a Matter of When or If?

Florida Construction Liens: Representing the Residential Owner

The Subcontract Contingent Payment Clause: How Does It Affect the Construction Industry?

What is the 8(a) Certification?

Contractor Claims: What High Schoolers Need to Know

“Florida Construction Liens: What is First Furnishing?”