Crystal but not clear
Series: Construction News ; (6895) 2 December 2004, 25(1)Publication details: 2004Subject(s): Summary: Argues that disputes about the value of work done and the amount due for payment are endemic in the construction industry. Points out that if a payer fails to issue a five-day notice stating the amount to be paid, the payee has no idea how much it will be paid. This situation would then need to be solved by third party adjudication. Suggests the Housing Grants, Construction and Regeneration Act 1996 needs to be amended to simplify the mechanism for rationalising the debt. Concludes the Act could state that the debt will be the amount applied for or the difference between that amount and any lesser amount that is included in the withholding notice. This would simplify and clarify the procedure.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS68529 (Browse shelf(Opens below)) | 1 | Available | 128398-1001 |
Argues that disputes about the value of work done and the amount due for payment are endemic in the construction industry. Points out that if a payer fails to issue a five-day notice stating the amount to be paid, the payee has no idea how much it will be paid. This situation would then need to be solved by third party adjudication. Suggests the Housing Grants, Construction and Regeneration Act 1996 needs to be amended to simplify the mechanism for rationalising the debt. Concludes the Act could state that the debt will be the amount applied for or the difference between that amount and any lesser amount that is included in the withholding notice. This would simplify and clarify the procedure.