The Engineering and Construction Contract - Free Download | Page 4
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Construction Act - Payment Periods - April 1998
Engineering and Construction Contract
Final Date
for Payment
[S 110(1)(b)]
Notice of intended
suspension if a notice to
withhold payment has not
been given
[S 112(2)]
Right to
suspend
performance
[S 112(1)]
PERFORMANCE
may be
SUSPENDED
if payment in full
has still not been
made
[S 112(3)]
This is a
compensation
event
Period as
Contract Data
Assessment
Interval
Assessment
Date
Date by which “Notice of
payment to be made” by
Project Manager acting as
Employer’s agent to be
completed [S 110(2)]
“Notice to withhold payment” given
by Employer not later than [S 111(2)]
21 Days
(or as stated in the Contract Data)
NOTES
1. Durations stated in days include weekends but exclude
Christmas Day, Good Friday and bank holidays. [S 116]
Contractor
may present
application for
payment
7 Days
Project
Manager
certifies on or
before
Date Due
[S 110(2)]
7 Days
Prescribed
period
S111(3)
Employer pays
on or before
Right to
suspend
ends if full
payment is
made
[S 112(3)]
7 Days
Payment
made
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