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Download Here.pdf

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🔗 Source: install.net.nz
📊 Size: 399 KB
👤 Author: Peter Degerholm
⬇️ Downloads: 93

Summary

A payment claim has been made under the Construction Contracts Act 2002 for construction work carried out. The recipient can either pay the claimed amount by the due date or send a written payment schedule stating the amount they are prepared to pay, which could be nothing. The due date is agreed between parties or 20 working days after the payment claim is served. If no action is taken, the claimant can take court action to recover the debt. A written payment schedule must be sent within the agreed timeframe or 20 working days, stating the scheduled amount and reasons for not paying the full amount. Failure to pay the scheduled amount by the due date can result in court action and potential costs.

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Description

A payment claim has been made under the Construction Contracts Act 2002 for construction work carried out.

Technical Information

  • File Format: PDF
  • File Size: 399 KB
  • Pages: 1
  • Language: EN
  • Author: Peter Degerholm
  • Total Downloads: 93
  • Last Updated: 1 week ago

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