Christopher C. Broughton | ConsensusDocs Introduction The right to offset refers to the common sense ability to reduce or eliminate your payment obligations to a party who owes you money on another contract. With offsets, common law largely tracks common sense. The right of offset is recognized by statute and court decisions in many states… Continue reading Withholding Payment or Having Your Payment Withheld Due to Disputes on Other Projects: Know Your Rights to Offset
Tag: Withholding Payment
Why You Should Think Twice Before Withholding Payment From Your Subcontractor
Katlyn L. Gregg | Procopio Cory Hargreaves & Savitch LLP | October 18, 2018 As anyone involved in even the most straightforward construction project is aware, payment disputes frequently arise between contractors. If you are in the middle of the payment dispute, it may seem practical to withhold all payment to the subcontractor until the dispute is… Continue reading Why You Should Think Twice Before Withholding Payment From Your Subcontractor