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DESIGNPRO Insurance Group Blog

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“Pay If Paid” vs. “Pay When Paid” in the Design & Construction Industry

There are two basic types of payment approaches in the design and construction industry, involving architects/engineers (A/Es) and construction contractors regarding payment for their services. One is “pay if paid” and the other is “pay when paid,” and each is very different for purposes of compensation. Both have different implications within the concept of “work first then get paid later.” Continue reading the July Issue of Building Blocks.