What happens when you’re late on a Payment Notice?
You’re a Main Contractor working on a JCT Contract, latest edition. You’ve employed a major subcontractor on a 9-month programme and in month eight, you failed to issue a Payment Notice / Certificate on time.
We put together this scenario to Jason Farnell, Adjudicator and CEDR Accredited Mediator from Commercial Risk Management.
The C-Link Ebooks count towards your RICS informal CPD hours. Don’t forget to log them!
Receive resource via emailWhat's in this book?
-
How does this impact me and what are the main risks I’m now exposed to?
-
Can I issue the Payment Notice / Certificate late?
-
Are there any other options available to mitigate the impact?