Withholding notice in construction contracts
The Housing Grants, Construction and Regeneration Act 1996 (also known as the Construction Act) includes provisions to ensure that payments are made promptly throughout the supply chain. One of these provisions is that the client must issue a payment notice within five days of the date for payment, even if no amount is due.
If the client intends to pay less than the amount set out in the payment notice they must issue a pay less notice setting out the basis for their calculation. Before the Act was amended in 2011, this 'pay less notice' was known as a 'withholding notice'.
[edit] Related articles on Designing Buildnigs Wiki
Featured articles and news
The infrastructure planning process
A look at the Government's strategic approach.
Steps to help reduce the spread of infection inside buildings.
Urban exploration and construction
This social media-centred hobby can be both dangerous and illegal.
Millwork wall treatment with a long and illustrious history.
Weekly workplace noise estimator tool
HSE introduces cumulative exposure calculator.
The Edwardians and their houses.
Cut off from civilian life for over 900 years.
Can net zero and levelling-up align?
Gaining green support from the carbon giants.
Medieval passageways with spiritual, transport and economic purposes.
CIOB applauded for people management leadership
Organisation receives accreditation from Investors in People.
Receive the Designing Buildings newsletter
Click the button to subscribe.
The importance of successful crisis messaging
Communicating the right information at the right time.
Angular selective shading systems
Materials can take on different properties to control heat and glare.
Challenges in the construction sector and beyond.
Comments
To start a discussion about this article, click 'Add a comment' above and add your thoughts to this discussion page.