Prompt Payment - the New Laws of Construction in Alberta and Saskatchewan
On March 1, 2022, Saskatchewan made prompt payment the law for most Saskatchewan construction projects, becoming the second Canadian jurisdiction, after Ontario, to enter this brave new world.
In Alberta, prompt payment will become the law on August 29,2022 for most Alberta construction projects.
Alberta and Saskatchewan projects subject to the new legislation will see sweeping changes to the old process of monthly payment applications, right down to the very terminology used. The laws replace contractual payment terms with a strict 28 day time limit for owners to pay contractors, and even shorter 7 day limits for contractors to pay their subcontractors and suppliers.
With their introduction of prompt payment and overhaul of lien and other rights, Alberta and Saskatchewan have implemented the most sweeping changes to the law of construction industry payment in these provinces in over a century.
That said, for the next two years the construction industry will have one foot in the new world and one in the old. Because the new rules graft a novel remedy onto existing lien law, transitional rules apply to projects commenced or contracts entered into before the new rules apply but not yet completed. Failure to understand the transitional rules could cause loss of significant legal rights and remedies.
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.
- Overview – the revised Saskatchewan Builders’ Lien Act and the new Alberta Prompt Payment and Construction Lien Act
- Prompt Payment – What it is and How it Works
- Adjudication of Payment Disputes
- Changes to Liens Rights, Obligations, and Remedies
- Transitional Provisions
- 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 ProjectREQUEST GROUP TRAINING QUOTE
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