In general, these types of agreements are unenforceable. While the “freedom of contract” doctrine generally allows parties to contract between themselves as they wish, contracts must not run afoul of the state’s public policy. For example, you can’t contract to do something illegal, or agai...
How long does a General Contractor have to pay a sub contractor? Unless otherwise agreed upon, the GC has 30 days after a project has been completed and payment received to pay his subs. What happens if a GC fails to pay his subs within the given timeframe?
(ii)Market pricesmeans current prices that are established in the course of ordinary trade between buyers and sellers free to bargain and that can be substantiated through competition or from sources independent of theofferors; or On 9/17/2022 at 11:07 PM,Vern Edwardssaid: How much tai...
in third-party situations there is usually a blizzard of cross-complaints seeking indemnity for the cross-complainant’s possible liability for indemnity. Consider this hypothetical: Homeowner sues general contractor. General contractor sues Subs
40、 turnkey construction contract negotiated initially between the sponsors and the epc contractor may need to be adjusted in order to take into account the final allocation of all risks between the various contracts forming the total package. apart from the more recent and rapid development of ...