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“Contract Payment Provisions: A Primer for Prompt Payment,” Modern Contractor Solutions

July 1, 2019

Associate Anthony M. Kroese, a member of the firm’s Construction practice, discusses how to ensure a smooth payment process in order to avoid a halt during a construction project. In “Contract Payment Provisions: A Primer for Prompt Payment,” Anthony discusses the necessity of prompt payment, state prompt payment laws, and practice tips.

“It is critical that contacts provide language ensuring timely payment to parties to keep the project on track for schedule completion,” Anthony said. “The driving concern for builders: prompt payment for work performed to ensure continued cash flow during the project.”

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More about Goldberg Segalla’s Anthony M. Kroese:

Anthony is a corporate attorney representing clients in commercial disputes and business transactions concerning a wide variety of national industries. He assists clients in commercial transactions, trademark registration and litigation, personal and commercial real estate, and the creative and cost-effective resolution of development and construction contract disputes. Anthony also handles franchising, licensing, and other contractual matters for clients in the sports and entertainment and hospitality industries, and advises clients on the legal aspects of day-to-day business operations.