In the State of Florida is the clause stating "Contractor is authorized to deduct from and offset against any and all payments or amounts otherwise due Subcontractor under this Subcontract or any other agreement between Contractor and Subcontractor an amount equal to any and all sums or obligations owed by Subcontractor to Contractor..Is this legal?
Yes. It is similar to a cross-collateralization clause in a credit card or loan agreement.