Monthly Archives: May 2025
What Are ‘Pay-If-Paid’ and ‘Pay-When-Paid’ Clauses in Florida Construction Contracts?
In the construction industry, payment disputes are a common challenge that contractors and subcontractors face. To manage these risks, general contractors often include “Pay-If-Paid” and “Pay-When-Paid” clauses in their contracts. These clauses determine when and how subcontractors get paid, but they carry significant legal and financial implications. Understanding the differences between them and how… Read More »
Builder’s Risk Insurance vs. General Liability: Which Does Your Construction Business Need?
In the construction industry, protecting your business from financial loss is just as important as completing a project successfully. Two of the most common types of insurance policies for construction companies are Builder’s Risk Insurance and General Liability Insurance. While both provide essential protection, they cover different risks. Understanding these differences with Bleakley Bavol… Read More »