Construction Contracts - Mapping a Way Through Payment Notices

Introduction

‘Cashflow is the lifeblood of the construction industry’ [The late Lord Denning].

As the rights and responsibilities that come with operating payment provisions in construction contracts are many, getting it wrong can have devastating effects.

This virtual classroom seminar will outline what you need to know about payment requirements under the Act and where the Scheme will be used in default of a compliant procedure.

What You Will Learn

This live and interactive session will cover the following:

• The Legal Framework:
• The Act
• The Scheme
• Which one applies and when?
• Minimum statutory requirements
• Working through the payment procedure flowchart
• Mapping it into the contract
• Summary of key takeaways

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.