Talk:Payment notice for construction contracts - Revision history

77.44.62.240 at 15:55, 11 June 2020

2020-06-11T15:55:17Z

← Older revision		Revision as of 15:55, 11 June 2020
Line 34:		Line 34:

	In calculating his payment due in his valuation submission he has made an arithmetic error by deducting too much retention. Is his amount due the net amount at the end of the calculation or the gross valuation amount?		In calculating his payment due in his valuation submission he has made an arithmetic error by deducting too much retention. Is his amount due the net amount at the end of the calculation or the gross valuation amount?
		+
		+	I have a question
		+
		+	If I issue an application and the contractor issues a payment notice that is less than the sum applied for does the contractor have to issue a payless notice?
		+
		+	Thanks

Editor at 18:20, 10 July 2019

2019-07-10T18:20:39Z

← Older revision		Revision as of 18:20, 10 July 2019
Line 1:		Line 1:
−	I have a question;	+	I have a question:

−	Say a contractor has issued their valuation, the ~~Employer~~ has issued their assessment on the valuation and passed it back to the contractor who has ignored the assessment and not passed comment or acceptance despite chasing from the ~~Employer~~. The 5 days passes on this day and the following day, the payment notice is issued based on the Employer's Assessment.	+	Say a contractor has issued their valuation, the employer has issued their assessment on the valuation and passed it back to the contractor who has ignored the assessment and not passed comment or acceptance despite chasing from the employer. The five days passes on this day and the following day, the payment notice is issued based on the Employer's Assessment.

	Is this acceptable under JCT D&B 2016 contract?		Is this acceptable under JCT D&B 2016 contract?

185.116.112.91 at 16:53, 10 July 2019

2019-07-10T16:53:07Z

← Older revision		Revision as of 16:53, 10 July 2019
Line 1:		Line 1:
		+	I have a question;
		+
		+	Say a contractor has issued their valuation, the Employer has issued their assessment on the valuation and passed it back to the contractor who has ignored the assessment and not passed comment or acceptance despite chasing from the Employer. The 5 days passes on this day and the following day, the payment notice is issued based on the Employer's Assessment.
		+
		+	Is this acceptable under JCT D&B 2016 contract?
		+
		+	Thanks,
		+
		+	QS
		+
		+	-----
	Good information and helpful.		Good information and helpful.

80.73.253.50 at 16:32, 9 July 2019

2019-07-09T16:32:59Z

← Older revision		Revision as of 16:32, 9 July 2019
Line 19:		Line 19:

	So, if you owe a company and plan to pay them on 15th of the month and issue a payless on 13th of that same month, is this in order and correct or has it to be no less than 5 days beforehand?		So, if you owe a company and plan to pay them on 15th of the month and issue a payless on 13th of that same month, is this in order and correct or has it to be no less than 5 days beforehand?
		+
		+	Hi, I have a situation where a payment has been missed. The Contractor has not issued a default payment notice. If her has not issued a formal notice does the Client still have to pay the contractor his stated amount due in his original valuation submission?
		+
		+	In calculating his payment due in his valuation submission he has made an arithmetic error by deducting too much retention. Is his amount due the net amount at the end of the calculation or the gross valuation amount?

Designing Buildings: Reverted edits by 150.204.149.56 (talk) to last revision by 212.159.158.56

2018-12-08T22:27:36Z

Reverted edits by 150.204.149.56 (talk) to last revision by 212.159.158.56

← Older revision		Revision as of 22:27, 8 December 2018
Line 14:		Line 14:

	-----		-----
−	Hi i am a ~~stupid~~ quantity surveying uni student and i need to write a paper on payments in the construction industry. Is the interim valuation submitted by the contractor and then is valued and certified by the officers in charged OR do the officers in charged just make an interim valuation every month when the time comes??	+	Hi i am a quantity surveying uni student and i need to write a paper on payments in the construction industry. Is the interim valuation submitted by the contractor and then is valued and certified by the officers in charged OR do the officers in charged just make an interim valuation every month when the time comes??

	Thanks.		Thanks.

	So, if you owe a company and plan to pay them on 15th of the month and issue a payless on 13th of that same month, is this in order and correct or has it to be no less than 5 days beforehand?		So, if you owe a company and plan to pay them on 15th of the month and issue a payless on 13th of that same month, is this in order and correct or has it to be no less than 5 days beforehand?

150.204.149.56 at 21:24, 8 December 2018

2018-12-08T21:24:31Z

← Older revision		Revision as of 21:24, 8 December 2018
Line 14:		Line 14:

	-----		-----
−	Hi i am a quantity surveying uni student and i need to write a paper on payments in the construction industry. Is the interim valuation submitted by the contractor and then is valued and certified by the officers in charged OR do the officers in charged just make an interim valuation every month when the time comes??	+	Hi i am a stupid quantity surveying uni student and i need to write a paper on payments in the construction industry. Is the interim valuation submitted by the contractor and then is valued and certified by the officers in charged OR do the officers in charged just make an interim valuation every month when the time comes??

	Thanks.		Thanks.

	So, if you owe a company and plan to pay them on 15th of the month and issue a payless on 13th of that same month, is this in order and correct or has it to be no less than 5 days beforehand?		So, if you owe a company and plan to pay them on 15th of the month and issue a payless on 13th of that same month, is this in order and correct or has it to be no less than 5 days beforehand?

212.159.158.56 at 12:48, 2 May 2018

2018-05-02T12:48:39Z

← Older revision		Revision as of 12:48, 2 May 2018
Line 17:		Line 17:

	Thanks.		Thanks.
		+
		+	So, if you owe a company and plan to pay them on 15th of the month and issue a payless on 13th of that same month, is this in order and correct or has it to be no less than 5 days beforehand?

115.133.229.191 at 02:38, 18 December 2017

2017-12-18T02:38:26Z

← Older revision		Revision as of 02:38, 18 December 2017
Line 12:		Line 12:
	-----		-----
	Clearly the precise answer will depend on the terms of the relevant sub-contract and any terms attached to the valuation...written or oral. But as a general rule interim valuations are just that and can be revised up or down before the final certificate or any binding agreement on any final account. Also it is a general principle of law that mistakes of fact can be amended or may not even be binding as the law recognizes a defence of mistake of fact though not mistake of law and provided no estoppel has arisen.		Clearly the precise answer will depend on the terms of the relevant sub-contract and any terms attached to the valuation...written or oral. But as a general rule interim valuations are just that and can be revised up or down before the final certificate or any binding agreement on any final account. Also it is a general principle of law that mistakes of fact can be amended or may not even be binding as the law recognizes a defence of mistake of fact though not mistake of law and provided no estoppel has arisen.
		+
		+	-----
		+	Hi i am a quantity surveying uni student and i need to write a paper on payments in the construction industry. Is the interim valuation submitted by the contractor and then is valued and certified by the officers in charged OR do the officers in charged just make an interim valuation every month when the time comes??
		+
		+	Thanks.

109.157.139.142 at 13:45, 12 January 2016

2016-01-12T13:45:47Z

← Older revision		Revision as of 13:45, 12 January 2016
Line 9:		Line 9:
	-----		-----
	My gut feeling is that you are entitled to revise an assessment up or down at any time prior to agreeing a final account providing you can support the revision with tangible evidence such as a mathematical or quantification error. Any element of subjective judgment however is more tricky, as a downward adjustment might be interpreted as a negotiating tactic or client pressure.		My gut feeling is that you are entitled to revise an assessment up or down at any time prior to agreeing a final account providing you can support the revision with tangible evidence such as a mathematical or quantification error. Any element of subjective judgment however is more tricky, as a downward adjustment might be interpreted as a negotiating tactic or client pressure.
		+
		+	-----
		+	Clearly the precise answer will depend on the terms of the relevant sub-contract and any terms attached to the valuation...written or oral. But as a general rule interim valuations are just that and can be revised up or down before the final certificate or any binding agreement on any final account. Also it is a general principle of law that mistakes of fact can be amended or may not even be binding as the law recognizes a defence of mistake of fact though not mistake of law and provided no estoppel has arisen.

109.157.139.142 at 06:13, 12 January 2016

2016-01-12T06:13:35Z

← Older revision		Revision as of 06:13, 12 January 2016
Line 2:		Line 2:

	Quick question I have relating to a subcontractor's payment application received. I made an assessment and issued to the subcontractor in error. This was then later revised and payment was made on the revised assessment. How does this stand in terms of final account?		Quick question I have relating to a subcontractor's payment application received. I made an assessment and issued to the subcontractor in error. This was then later revised and payment was made on the revised assessment. How does this stand in terms of final account?
−
−
−
−

	Thanks,		Thanks,

	Michael		Michael
		+
		+	-----
		+	My gut feeling is that you are entitled to revise an assessment up or down at any time prior to agreeing a final account providing you can support the revision with tangible evidence such as a mathematical or quantification error. Any element of subjective judgment however is more tricky, as a downward adjustment might be interpreted as a negotiating tactic or client pressure.