When You Are Told the Money Has Not Come Down Yet
For the subcontractor told that payment is waiting on somebody further up the chain. Turns "we have not been paid yet" into a clause, a date and a written answer. Asks questions only: it takes no position on whether such a clause binds you, because that varies by state.
Medium risk
Check your contract first. Consider a peer review before sending.
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When to use this
- •You have been told the money has not come down from the client yet
- •A pay-when-paid or pay-if-paid clause is being relied on
- •You need a date and a clause in writing rather than a shrug