Transcription of CONSTRUCTION ACT PAYMENT FACTSHEET
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CONSTRUCTION ACT PAYMENT FACTSHEET
1 Less than 45 days results in a one-off PAYMENT becoming due on the latter of 30 days after completion of the works or the mating of a claim for ENGINEERINGSERVICES 7313 @BESAG roupBESA GroupLincoln House 137-143 Hammersmith Road, London W14 0 QLLEGAL & COMMERCIAL1 OF 4 CONSTRUCTION ACT PAYMENT FACTSHEETOn 1 May 1998, Part II of the Housing Grants, CONSTRUCTION & Regeneration Act 1996 came into force in England and 1 October 2011, Part II of the Housing Grants, CONSTRUCTION and Regeneration Act 1996 was amended in England and Wales, by the Local Democracy, Economic Development & CONSTRUCTION Act 2009 (Part 8). This summary guide is to help you have an overview of the CONSTRUCTION Act amendments in relation to PAYMENT note: there is a more detailed BESA guide to operating and understanding the AMENDED ACT CAME INTO FORCE ON: Dz1 October 2011 in England and Wales Dz1 November 2011 in Scotland Dz14 November 2012 in Northern IrelandThe Act provides a mandatory framework for the following two issues within all qualifying CONSTRUCTION contracts note: it does not apply to labour-only.
CARRI OUT ITIN T AUATION PRIO AU OF ATRIAS OOS AN ATRIAS OTR AOUNTS SPCIFI IN T CONTRACTS. legal@theBESA.com 313 41 www.theBESA.com @BESAGroup BES oup Linc 13143 14 O 3 OF 4 COTRUCO Pa F 1 2.JUDICATION AD There are key basic requirements which must be reflected in the contract or else the Regulations will wholesale replace
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