Common use of Payment of retainage to subcontractors Clause in Contracts

Payment of retainage to subcontractors. Notwithstanding any contrary agreement, a contractor shall pay to its subcontractors or material suppliers and each subcontractor shall in turn pay to its subcontractors or material suppliers, within 7 days after receipt of the retainage, the full amount due to each subcontractor or material supplier.

Appears in 7 contracts

Samples: Construction Contract, Construction Contract, Construction Contract

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