In April 2022, we discussed new amendments to Virginia’s Prompt Payment Act and Wage Theft statute. Although the 2022 amendments changed payment terms for all construction contracts in Virginia, the amended statutes...more
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
Of the record number of new laws in Virginia, a trio of wage laws will arguably have the biggest impact on contractors changing the way the construction companies operate in Virginia. Virginia statutes on non-payment of...more