Understanding coverage exclusions in a subcontractor’s commercial general liability insurance policy can be a daunting task. What the insuring language of the policy appears to provide, may be taken away through a policy...more
Should a contractor’s Commercial General Liability (CGL) insurance policy cover the expense of uncovering defective work causing damage to the owner’s property as well as the costs of exposing or accessing damaged building...more
7/22/2024
/ Commercial General Liability Policies ,
Construction Contracts ,
Construction Defects ,
Construction Industry ,
Construction Project ,
Faulty Workmanship ,
General Contractors ,
Insurance Industry ,
Policy Terms ,
Property Damage ,
Subcontractors
Similar to its neighbors in Maryland and the District of Columbia, Virginia has analyzed its treatment of the “pay-if-paid” or “pay-when-paid” clauses in construction contracts. Virginia previously allowed pay-if-paid clauses...more
General Contractors may seek to condition payments to Subcontractors by using “pay-if-paid” or “pay-when-paid” clauses in their contracts. Typically, as the name suggests, pay-when-paid provisions concern the timing of...more
1/9/2024
/ Construction Contracts ,
Construction Disputes ,
Construction Litigation ,
Construction Project ,
Contract Disputes ,
Contract Terms ,
General Contractors ,
Mechanics Lien ,
Pay if Paid ,
Pay When Paid ,
Prompt Payment ,
Real Estate Development ,
Subcontractors