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Incremental Funding on Construction Contracts


Capobian

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Hey Folks,

Is it possible (read legal) to incrementally fund a construction contract with a performance period of less than 6 months? My gut says no since it's non-severable, but I wanted to reach out to the community to get other opinions.

I know it's not intelligent to incrementally fund it, but I'm looking for anything which explicitly makes it illegal.

Thanks!

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Guest Vern Edwards

What do you mean by "explicitly"? You are not going to find any official document that says it's illegal to incrementally fund a construction contract with a performance period of less than six months.

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