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Pay-When-Paid Provisions Still Unenforceable in New York State - The National Law Forum
Advertisement While New York State’s Prompt Payment Act (“PPA”) provides a potential workaround for the invalid pay-when-paid provisions that appear in many construction contracts, a recent decision from the State’s Appellate Division narrows, if not closes, that loophole. In the construction industry, it is common for a general contractor to include “pay-when- paid” or “pay-if-paid”1 clauses … Continue reading Pay-When-Paid Provisions Still Unenforceable in New York State
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