HB271 — Contractors - As introduced, prohibits the inclusion of a condition precedent for payment clause in construction contracts that precludes a prime contractor from having to pay a remote contractor for services rendered until the prime contractor is paid by the construction owner client. - Amends TCA Title 62, Chapter 6; Title 66, Chapter 11 and Title 66, Chapter 34.

HB271 — Contractors - As introduced, prohibits the inclusion of a condition precedent for payment clause in construction contracts that precludes a prime contractor from having to pay a remote contractor for services rendered until the prime contractor is paid by the construction owner client. - Amends TCA Title 62, Chapter 6; Title 66, Chapter 11 and Title 66, Chapter 34. · Informed CitizenryHB271 amends Tennessee law regarding the payment rights of contractors and subcontractors. The bill prohibits construction contracts from including a 'condition precedent' clause that allows a prim…Open in Informed Citizenry