LDEDC Act 2009: FAQs on payment | Practical Law

LDEDC Act 2009: FAQs on payment | Practical Law

A note setting out frequently asked questions (FAQs) on payment in construction contracts after Part II of the Housing Grants, Construction and Regeneration Act 1996 (Construction Act 1996), was amended by Part 8 of the Local Democracy, Economic Development and Construction Act 2009 (LDEDC Act 2009). The FAQs refer to changes to the payment mechanism, including default payment notices, the requirement to pay the notified sum, pay less notices, the right to suspend for non-payment and pay-when-certified clauses.

LDEDC Act 2009: FAQs on payment

Practical Law UK Practice Note 3-503-7902 (Approx. 22 pages)

LDEDC Act 2009: FAQs on payment

Law stated as at 01 Oct 2011England, Wales
A note setting out frequently asked questions (FAQs) on payment in construction contracts after Part II of the Housing Grants, Construction and Regeneration Act 1996 (Construction Act 1996), was amended by Part 8 of the Local Democracy, Economic Development and Construction Act 2009 (LDEDC Act 2009). The FAQs refer to changes to the payment mechanism, including default payment notices, the requirement to pay the notified sum, pay less notices, the right to suspend for non-payment and pay-when-certified clauses.