Share on LinkedInShare on LinkedIn

ARTICLE · 18 DECEMBER 2019

Beyond Prompt Payment: Processes And Options For Timely Compensation

You've worked all your life gaining credentials, securing a position and building a reputation.

CanadaReal Estate and Construction

"I'd just like to be paid"

It hardly seems fair. You've worked all your life gaining credentials, securing a position and building a reputation. You've had to create your own opportunities. No one gave you that contract; you had to compete for it and it was awarded to only you. You rallied an able workforce (after convincing them to trust you and stick around the province because something was sure to come up), and did a timely job (when you consider how long your client made you wait to start). It hardly seems fair that what you issued as an "invoice" is now called a "receivable" and you have been waiting to receive a payment for 30, 60 or too often 90 days or even longer.

Across the country, the buzz in legal circles is about "prompt payment" — or more accurately "prompt payment and adjudication." The name is certainly appealing: imagine not only being paid for your work but being paid promptly, almost automatically. Most in the construction industry

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

See more popular content from