Penalties for late payments
Penalties for late payments
- 1994
- Financial Times 11 February 1994, 7 Building 259(7831) 18 February 1994, 10(1) .
A DoE consultation paper proposes new clauses in building contracts for public sector works of over £5bn, requiring subcontractors to be paid within 17 days of the architect issuing payment certificates.
BUILT ENVIRONMENT-BUILDING CONTRACT FORMS
CONTRACTORS
LATE PAYMENT
PAYMENT CERTIFICATES
SUBCONTRACTORS
A DoE consultation paper proposes new clauses in building contracts for public sector works of over £5bn, requiring subcontractors to be paid within 17 days of the architect issuing payment certificates.
BUILT ENVIRONMENT-BUILDING CONTRACT FORMS
CONTRACTORS
LATE PAYMENT
PAYMENT CERTIFICATES
SUBCONTRACTORS