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Regulations to Legislate Prompt Payments are a Game Changer for the Construction Industry.

4 December 2015

According to Vaughan Hattingh, Director and adjudication practitioner with MDA, “Delayed payment has a destructive effect on the sustainable development of the construction industry. The proposed regulations prevent withholding of payments without going through a defined procedure. They give contractors a statutory right to suspend works, to charge interest on late payments and they introduce a mandatory form of statutory adjudication to resolve disputes.”

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