Common use of Prompt Payment to Subcontractors Clause in Contracts

Prompt Payment to Subcontractors. The Contractor shall make payments to any approved subcontractors not more than fifteen (15) working days following receipt of payment from the Owner. Invoices of the Contractor for work subsequent to the first statement must contain a notice that "all subcontractors have been paid in full to the extent that the Contractor has been paid."

Prompt Payment to Subcontractors. The Contractor Construction Manager shall make payments to any approved subcontractors not more than fifteen ten (1510) working days following receipt of payment from the Owner. Invoices Pay requests of the Contractor Construction Manager for work subsequent to the first statement must contain a notice that "all subcontractors have been paid in full to the extent that the Contractor Construction Manager has been paid."