The Construction Lien Act: What is It? What are the Implications?

The Prompt Payment Act proposed in 2014 did not become law, but the issues that led to the introduction of this Bill remain a major item of concern to the construction industry.

The Prompt Payment Act proposed in 2014 did not become law, but the issues that led to the introduction of this Bill remain a major item of concern to the construction industry. In the aftermath, the government committed to a review of the Construction Lien Act and this review has been launched. Now is the time for this 30 year old legislation to be modernized. All issues are on the table for discussion. Hear from three experts on what happened to the Prompt Payment Act, and what issues are likely to be at the forefront of this important review of how to improve the flow of payments on construction projects.