OUT OF PRINT
The Building and Construction Industry Security of Payment Act was enacted in 2005 to improve cash-flow by helping to speed up payment in the building and construction industry. Under the Act, any party who has carried out construction work or supplied related goods or services in the building and construction industry under a contract made in writing will have a statutory right to receive progress payment. Applying to both private and public sector projects, under the Act the right to progress payment is available even where the contract has no provision for progress payment.
The Act provides for statutory adjudication which is a simple process to resolve disputes in a quick and relatively low-cost manner. In an adjudication, an independent adjudicator decides on the amount to be paid for a claim made under the Act. The adjudicator’s decision (known as a determination) is binding and the adjudicated amount must be paid by a stipulated due date.
This volume of the series contains all the determinations of the year 2009.
General Editors: Chow Kok Fong, Christopher Chuah, Mohan Pillay and Edwin Lee Peng Khoon
Index to Commentary
Table of Cases Mentioned in Commentary
Table of Adjudications Mentioned in Commentary
Table of Statutes Mentioned in Commentary