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Joint Check Agreements in Construction: Use with Caution | Ward and Smith, P.A. - Vimarsana News

Joint Check Agreements in Construction: Use with Caution | Ward and Smith, P.A.

To embed, copy and paste the code into your website or blog: Construction projects involve a tiered relationship, which consists of (a) the project owner, (b) a general contractor hired by the owner who manages the construction project as a whole, (c) first-tier subcontractors hired by the general contractor to complete discrete portions of the project work, and (d) lower-tier subcontractors and suppliers who are hired to complete portions of the upper-tier subcontractors work or to supply materials to upper-tier subcontractors. Generally, under this tiered system, the owner pays the general...

Joint Check Agreements In Construction: Use With Caution - Real Estate and Construction - Vimarsana News

Joint Check Agreements In Construction: Use With Caution - Real Estate and Construction

To print this article, all you need is to be registered or login on Mondaq.com. Construction projects involve a tiered relationship, which consists of (a) the project owner, (b) a general contractor hired by the owner who manages the construction project as a whole, (c) first-tier subcontractors hired by the general contractor to complete discrete portions of the project work, and (d) lower-tier subcontractors and suppliers who are hired to complete portions of the upper-tier subcontractors work or to supply materials to upper-tier subcontractors.  Generally, under th...

Source: mondaq.com
Joint Check Agreements in Construction - Vimarsana News

Joint Check Agreements in Construction

Wednesday, April 21, 2021 Construction projects involve a tiered relationship, which consists of (a) the project owner, (b) a general contractor hired by the owner who manages the construction project as a whole, (c) first-tier subcontractors hired by the general contractor to complete discrete portions of the project work, and (d) lower-tier subcontractors and suppliers who are hired to complete portions of the upper-tier subcontractors work or to supply materials to upper-tier subcontractors.  Generally, under this tiered system, the owner pays the general contractor, the general...