top of page
< Back
Category:

​

Save this article  > 

Legislative Newsflash Ontario - Changes to Construction Act - Aug 2019

Author: 
​
Publication date:
August 15, 2019
Article Summary: 

The second round of amendments to the Construction Act in Ontario is set to come into effect on October 1, 2019. These changes will have a significant impact on condominium corporations engaging contractors for work on condominium property. One key amendment is the "Prompt Payment System," requiring contractors to provide proper invoices and condominium corporations to pay within 28 days of receiving the invoice. Contractors and subcontractors will have the right to charge interest on late payments. The new dispute resolution process will involve expert adjudicators from the construction industry, providing swift decisions on various types of disputes.

Keywords: 

Construction Act, Ontario, Second Round of Amendments, Prompt Payment System, Proper Invoices, Payment Deadlines, Dispute Resolution Process, Adjudicators, ADR Chambers, Authorized Nominating Authority, Binding Decisions.




Source Citation: 
​
Legislative Newsflash Ontario - Changes to Construction Act - Aug 2019
August 15, 2019
https://cci.ca/resource-centre/view/798?words=&filter=all
Did you find this article useful? 
Your feedback is important not only to us, but to all the other key players in the condo industry.  Help us by letting us know if this article is relevant and useful.  This will help us prioritize articles that provide helpful guidance to other key players like you. 

Please login to use this feature.

bottom of page