This article is a continuation of Monday’s article, and we will be discussing in detail the new payment terms for all construction contracts in Virginia....more
4/20/2022
/ Breach of Contract ,
Construction Contracts ,
Construction Industry ,
Contractors ,
Good Faith ,
Invoices ,
Non-Payment Clauses ,
Pay if Paid ,
Pay When Paid ,
Payment Systems ,
Subcontractors ,
Virginia ,
Wage Theft
Virginia’s law on the payment of subcontractors and suppliers just got some muscles. For years, Virginia had a statute that made it a crime for any contractor or subcontractor “with the intent to defraud” to retain or use...more