📜 Building and Construction Industry (Security of Payment) Regulations 2022
RegulationsSL 2022/8517 June 2022
These regulations support the Building and Construction Industry (Security of Payment) Act 2021. They address construction contract requirements, progress payments, retention money trusts, nominating authorities, adjudicators, and infringement notices.
Building contractors, homeowners, adjudicators, and nominating authorities are affected. The regulations set thresholds for contracts, define prohibited terms, and establish procedures for payment claims and adjudication.
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