000 01174cam a2200253 4500
001 ABS63383
008 000000n2001 000 0 eng u
035 _a(Sirsi) u110781
100 _aBingham, T.
245 _aRaising some interest
260 _c2001
490 _aBuilding
_v266(8167) 2 February 2001, 63(1)
520 _aDiscusses the Late Payment of Commercial Debts (Interest) Act 1998 which has introduced an interest rate of 8% above the Bank of England base rate for late payments for contracts entered into from 1 November 2000 by small businesses. A small business is defined in the Act has having 50 or fewer employees on the day the contract was signed. Notes that this will have greatest impact in adjudication claims.
590 _aABS
650 _aMANAGEMENT-DISPUTE AVOIDANCE, MANAGEMENT AND RESOLUTION-DISPUTE MANAGEMENT AND RESOLUTION-ALTERNATIVE DISPUTE RESOLUTION-ADJUDICATION
650 _aCONTRACTORS
650 _aContracts
_96232
650 _aDEBTS
650 _aINTEREST
650 _aLATE PAYMENT OF COMMERCIAL DEBTS (INTEREST) ACT 1998
650 _aSMALL BUSINESSES
690 _aBUILDING AND CONSTRUCTION-LAW
942 _n0
999 _c66037
_d66037