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A pay-if-paid clause is a provision which states that a contractor is obligated to pay its subcontractors if and when the property owner pays them. So in essence, if the owner never pays the contractor, they arent required to pay their subs or suppliers until the owner pays them.
What is Georgia Code 13 3 4?
A condition precedent must be performed before the contract becomes absolute and obligatory upon the other party. The bdocHub of a condition subsequent may destroy the partys rights under the contract or may give a right to damages to the other party, ing to a true construction of the intention of the parties.
What is the prompt pay law in Georgia?
If a subcontractor (or materialman) has fully performed under the terms of its contract with the general contractor (or subcontractor), then the Georgia Prompt Payment Act requires that the general contractor (or subcontractor) pay the subcontractor (or material supplier) within 10 days of receipt of each periodic
What is the Georgia Code 13 1 13?
13-1-13 prohibited recovery of the payments voluntarily made in ignorance of the law.
What is the code 13 10 91 in Georgia?
13-10-91, public employers, contractors and subcontractors may utilize any other federal work authorization program operated by the United States Department of Homeland Security or any equivalent federal work authorization program operated by the United States Department of Homeland Security to verify information of
Related Searches
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Attorneys Fees. In any action to enforce a claim under this chapter, the prevailing party is entitled to recover a reasonable fee for the services of its attorney including but not limited to trial and appeal and arbitration, in an amount to be determined by the court or the arbitrators, as the case may be.
What is Georgia Code 13 8 3?
Gambling Contracts. Gambling contracts are void; and all evidences of debt, except negotiable instruments in the hands of holders in due course or encumbrances or liens on property, executed upon a gambling consideration, are void in the hands of any person.
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Subcontractor Affidavit under OCGA 13-10-91(b)(3)
By executing this affidavit, the undersigned subcontractor verifies its compliance with O.C.G.A. 13-10-91, stating affirmatively that the individual,
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