From Pay When Paid Operations (G44111), choose Subcontract Entry After you add or locate an existing contract on Subcontract Entry, you can enter Pay When Paid information in the Pay When Paid Subcontract Defaults program (P040171). The system stores this information in the Subcontract Pay When...
but against it to the subcontractor. General contractors sometimes try to avoid being stuck with liability for subcontractor claims which cannot be passed through by writing “pay-when-paid” clauses into their contract. These clauses attempt to pass the risk of the owner not paying on to the...
附条件支付条款Pay when paid FINANCIAL INSTITUTIONS ENERGY INFRASTRUCTURE AND COMMODITIES TRANSPORT TECHNOLOGY Pay when paid provisions 附条件支付附条件支付条款条款
It states that pay-if-paid clauses indicate that a party will not be paid under a contract except when the party responsible of paying for the work would also be paid for the work. It mentions that the courts have two contending values to resolve how to treat "pay-if-paid" clauses. ...
Proposes to dispel some myths and suggests some solutions to the problems facing subcontractors pertaining to the 'pay-when-paid' provision in their agreements with general contractors in Florida. Construction contract's need to reflect a set of fair provisions designed to get the job done well ...
Pay-When-Paid Clauses and the New 2010 Massachusetts Prompt Payment Statute.The article explores the Prompt Payment Statute in Massachusetts. It is enacted in August 2010 to address issues related to reviewing a contract in construction projects. The statute is only applicable to private construction...
The statute is only applicable to private construction projects, not to public work. It focuses on processing of requisitions, processing of change orders, and the condition of when pay-when-paid clauses become void and unenforceable.被引量: 1 年份: 2011 ...
摘要: Discusses the issue of 'pay when paid' clauses used by general contractors to force their subcontractors to share the financial risks of a project. Examples of cases involving the issue; Advantages and disadvantages of the usage of the clause....
JD Edwards EnterpriseOne Contract and Service Billing 18.1.1Accounts Payable You can enter pay when paid vouchers in JD Edwards EnterpriseOne Accounts Payable using these versions of the A/P Standard Voucher Entry program (P0411), which are set up specifically for pay when paid processing: ...
This statutory provision overrides any “pay if paid” or “pay when paid” clauses in a subcontract. Such contractors shall not be liable for amounts otherwise reducible pursuant to the subcontractor’s “noncompliance with the terms of the contract.”“Noncompliance” is not defined or ...