Alberta's New Prompt Payment and Construction Lien Act
Description
On July 1, 2021, Alberta’s new Prompt Payment and Construction Lien Act comes into force. Alberta will become the second jurisdiction in Canada to implement a prompt payment regime, after Ontario, which did so in October 2019. On projects where prompt payment applies, the statutory requirements will override contractual payment terms. With its introduction of prompt payment and overhaul of lien and other rights, Alberta has effected the most sweeping changes to the law of construction industry payment in the province in over a century.
This one-day seminar will teach you everything you need to know to operate effectively in the new environment in compliance with the new legal requirements.
Course Outline
- Overview – The Prompt Payment and Construction Lien Act
- Prompt Payment
- Construction Liens
- Other Important Overlooked Rights and Obligations Under the PPCLA
Who Should Attend
Contractors • Owners • Developers • Consultants • Project and Construction Managers • Lawyers Construction Consultants With Responsibility For Large Residential • Commercial • Industrial or Institutional Projects and Those Who Are Concerned About Possible Defaults on Their Project
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COURSE CREDIT
Almost all of EPIC's courses offer :
- Continuing Education Units (CEUs) and
- Professional Development Hours (PDHs)
These course credits will help attendees earn training requirements for their associations or provincial governing bodies.
ON-SITE TRAINING
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