COVID-19 notwithstanding, every subcontractor has run into payment issues at some time. Now, more than ever, before signing anything, a subcontractor should carefully review payment provisions and procedures included in any contract.
COVID-19 notwithstanding, every subcontractor has run into payment issues at some time. Now, more than ever, before signing anything, a subcontractor should carefully review payment provisions and procedures included in any contract. This recently revised 麻豆入口 Contracts Bulletin alerts members to payment and retainage issues they need to be especially mindful of when signing any future contracts.
Topics covered in this bulletin:
This Contracts Bulletin was prepared by 麻豆入口鈥檚 general counsel, and all Members are strongly encouraged to read the update.
May 18, 2020 — Contracts Bulletin
Jan 9, 2022 - This bulletin will discuss the basics for effectively implementing and incorporating changes into agreements, and will address how standard contracts, such as the American Institute of Architects.
Jan 9, 2022 - President Biden signed Executive Order 14042, 鈥淓nsuring Adequate COVID Safety Protocols for Federal Contractors.鈥
Jun 4, 2021 - The contract between my client and its customer set a specific production schedule, and had incentives and penalties if certain deadlines were not met. My client鈥檚 customer was demanding completion on schedule, and threatening to enforce penalties.