Action required – Complete the prompt payment adjudication and process survey by April 10
As you may be aware, the provincial government is preparing regulations regarding prompt payment and adjudication processes for the construction industry. The proposed process is based on Saskatchewan’s model: requiring regular invoicing of goods and services, sets the timelines for prompt payment, and provides a fast settlement for disputes managed by a third-party adjudication authority.
Before finalizing the proposed regulations, the province is seeking feedback from the construction industry regarding the proposed prompt payment and adjudication processes. It is important to receive feedback from the public and interested groups to ensure the development of this process is transparent to those impacted.
COMPLETE THE PROMPT PAYMENT SURVEY NOW
A survey outlining the key components of the prompt payment and adjudication process has been launched to collect feedback from interested parties.
The survey will be available until April 10 and can be found via this link: http://surveys.novascotia.ca/PromptPayment
Alternatively, feedback can also be sent to promptpay@novascotia.ca for consideration.
For reference, the current Builders’ Lien Act and amendments may be found via the links below:
- Builders’ Lien Act (current)
- Builders’ Lien Act – amendments via Bill 119 (2019)
- Builders Lien Act – amendments via Bill 211 (2022)
Thank you in advance for your support in driving forward these important changes for the construction industry.