Manitoba companies hiring construction contractors need to take
urgent note of the new Prompt Payment law which comes into effect
April 1.
Bill 38, The Builders' Lien Amendment Act — also known
as the Prompt Payment law — stipulates that paying your
contractor needs to happen quickly, or businesses will face
consequences.
The new law outlines that contractor invoices must be paid on
time, and if there's any delay, the case will be adjudicated in
a fast-tracked process for dispute resolution. The Act aligns with
similar construction prompt payment acts already on the books in
Ontario, Saskatchewan and Alberta.
Breakfast seminar to learn more
MLT Aikins lawyers, Baillie Chisick, Daryl Chicoine and John
Martens, are presenting at a two-hour Prompt Payment breakfast
seminar March 25 beginning at 7:15 a.m. at St. Boniface Golf Club
in Winnipeg. The event will be moderated by the firm's Tyler
Kochanski and feature an in-depth look at the purpose of