Jackson S. Nichols and Nocholas F. Morello | Construction Law Now Blog The Virginia Legislature passed a bill that, if signed into law by Governor Youngkin, would amend VA ST §§ 2.2-4354 and 11-4.6 to prohibit the use of contingent payment provisions in public and private construction projects. It states that “[p]ayment by the party… Continue reading New Legislation Bans Contingent Payment Provisions in Virginia
Tag: Virginia
One More Statutory Tweak of Interest to VA Construction Pros
Christopher G. Hill | Construction Law Musings While I have focussed on the recent “pay if paid” legislation in recent posts, the Virginia General Assembly has taken other action that is of interest to those of us that represent construction professionals in Virginia. One such action is yet another tweak to the so-called “wage theft” statute that essentially made… Continue reading One More Statutory Tweak of Interest to VA Construction Pros
Thoughts on New Pay if Paid Legislation
Christopher G. Hill | Construction Law Musings Recently, the Virginia General Assembly closed its session having passed legislation essentially banning “pay if paid” clauses in construction contracts, both public and private. Assuming that Governor Youngkin signs the bill into law on or before his deadline of April 11, 2022, the following new requirement will be grafted into… Continue reading Thoughts on New Pay if Paid Legislation
Thoughts on New Pay if Paid Legislation
Christopher G. Hill | Construction Law Musings Recently, the Virginia General Assembly closed its session having passed legislation essentially banning “pay if paid” clauses in construction contracts, both public and private. Assuming that Governor Youngkin signs the bill into law on or before his deadline of April 11, 2022, the following new requirement will be grafted into… Continue reading Thoughts on New Pay if Paid Legislation
The End of “Pay When Paid” in Virginia Construction Contracts with State and Local Governments
Terrence Graves | Sands Anderson “Pay When Paid” or “Pay if Paid” clauses in subcontracts have long been a thorn in the side of subcontractors. If Governor Youngkin signs into law a new bill that passed in both houses of the Virginia General Assembly, those clauses will be a thing of the past for projects involving the… Continue reading The End of “Pay When Paid” in Virginia Construction Contracts with State and Local Governments