The Construction Law Blog —

“Pay-if-paid” and “Pay-when-paid” Clauses in Virginia

Written By
Carr Maloney, P.C.

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Understanding coverage exclusions in a subcontractor’s commercial general liability insurance policy can be a daunting task. What the insuring language of the policy appears to provide, may be taken away through a policy exclusion. Such may be the case where a construction project provides an Owner-controlled Consolidated Insurance Program (“OCIP”) or a Contractor-controlled Consolidated Insurance Program (“CCIP”). Such Consolidated Insurance Programs are commonly referred to as “Wrap-Up” policies,

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