Question

How many days does the contractor have to pay the sub after receiving payment? How many days does the arch have to pay the consultants after receiving payment?

a) 10 days, 30 days
b) 15 days, 45 days
c) 20 days, 60 days
d) 25 days, 90 days

Answer 1

The number of days a contractor or architect has to pay their subcontractors or consultants varies and depends on the contract terms and local laws. Common practices suggest options like 10/30, 15/45, 20/60, or 25/90 days, but the correct answer requires specific contract details or knowledge of the relevant regulations.

Step-by-step explanation:

The specific number of days a contractor has to pay a subcontractor after receiving payment and the number of days an architect has to pay consultants after receiving payment can vary depending on the contract terms and local laws or regulations. However, a common practice in the industry, often stipulated by contract terms or prompt payment laws, can be one of multiple standard options:

• 10 days for the contractor to pay the subcontractor and 30 days for the architect to pay consultants.
• 15 days for the contractor to pay the subcontractor and 45 days for the architect to pay consultants.
• 20 days for the contractor to pay the subcontractor and 60 days for the architect to pay consultants.
• 25 days for the contractor to pay the subcontractor and 90 days for the architect to pay consultants.

These are options provided in a standard format, but the exact timing should be confirmed through a careful review of the relevant contract documents or applicable state laws. Without specific information on the contract or local regulations, it is not possible to state definitively which option is correct.