3rd Session, 41st Legislature
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Bill 218
THE PROMPT PAYMENTS IN THE CONSTRUCTION INDUSTRY ACT
Section | Table of Contents |
PART 1 | |
INTRODUCTORY PROVISIONS | |
1(1) | Definitions |
(2) | Terms used in Builders' Liens Act |
2 | Purpose |
3 | Act does not apply to prior contracts |
4 | Contracts to conform |
5 | No contracting out |
PART 2 | |
OBLIGATIONS TO PAY CONTRACTORS | |
PAYMENTS TO CONTRACTORS | |
6(1) | Progress payments |
(2) | Monthly payments |
(3) | Payment to contractor |
7(1) | Final payment — date specified |
(2) | Final payment — no date specified |
(3) | Final payment to contractor |
PAYMENTS TO SUBCONTRACTORS | |
8(1) | Progress payments |
(2) | Monthly payments |
(3) | Payment to subcontractor |
9(1) | Final payment — date specified |
(2) | Final payment — no date specified |
(3) | Final payment to subcontractor |
AMOUNT OF PROGRESS PAYMENTS | |
10 | Amount |
MILESTONE PAYMENTS | |
11 | Payment — owner to contractor |
12 | Payment — contractor and subcontractor |
13(1) | Terms — milestone payments |
(2 | Notice to subcontractor |
14 | Application |
DEEMED APPROVAL OF PAYMENT | |
15(1) | Deemed approval or certification |
(2) | Notice |
(3) | Dispute |
(4) | Withholding amounts |
RIGHT TO SUSPEND PERFORMANCE AND | |
16(1) | Suspending work for failure to pay |
(2) | Suspending payment |
(3) | Deadline for suspended payments |
(4) | No breach |
(5) | Interest |
(6) | Resumption |
INTEREST ON OVERDUE PAYMENTS | |
17 | Interest rate |
DISPUTE RESOLUTION | |
18(1) | Referral |
(2) | Appointment |
(3) | Decision |
RIGHT TO TERMINATE CONTRACT FOR | |
19(1) | Termination |
(2) | Notice |
(3) | Contents of notice |
(4) | Termination |
RIGHT TO INFORMATION | |
20(1) | Request |
(2) | Payment |
(3) | Notice |
(4) | Damages |
(5) | Court order |
MISCELLANEOUS PROVISIONS | |
21 | Holdbacks under Builders' Liens Act |
22 | Crown bound |
REGULATIONS | |
23 | Regulations |
C.C.S.M. REFERENCE | |
24 | C.C.S.M. reference |
25 | Coming into force |