Regulations to legislate prompt payments are a game- changer for the construction industry

New proposed regulations governing payments and dispute management under construction works contracts are expected to profoundly change the way the South African construction industry operates. The Construction Industry DevelopmentBoard (CIDB) Prompt Payment Regulationsand Adjudication Standard recently appeared in the Government Gazette Notice 482 of2015 and was open for public comment for 6O days.

Read more.