Payment Legislation definition

Payment Legislation means such legislation in effect at the Place of the Work which governs payment under construction contracts. Place of the Work means the designated site or location of the Work identified in the Contract Documents. Product(s) means material, machinery, equipment, and fixtures forming part of the Work, but does not include Construction Equipment.

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Payment Legislation means the Federal Prompt Payment for Construction Work Act, S.C. 2019, c.29, s.387, and if the Work in being performed in a province that has been designated in accordance with s. 6(1) of the Act, the similar regime applicable in that province;

Payment Legislation means, to the extent the Work is subject to such legislation, the Prompt Payment and Construction Lien Act (Alberta) together with the regulations related thereto, each of which as amended from time to time, or such equivalent legislation in the jurisdiction of the Work Site, as may be in effect from time to time in Alberta or any other Canadian province where the Work Site is located;

Examples of Payment Legislation in a sentence

Seq.) and Title 2 of the New York Code of Rules and Regulations, Part 18 (Implementation of Prompt Payment Legislation -2 NYCRR §18.1 et seq.).
State Agencies The payment of interest on certain payments due and owed by a State agency may be made in accordance with Article 11-A of the State Finance Law and Title 2 of the New York Code of Rules and Regulations, Part 18 (Implementation of Prompt Payment Legislation).
In the case of late payments - the greater of: (a) the rate in paragraph (1); and (b) the rate of interest prescribed under any applicable Security of Payment Legislation.
The Contractor must not at any time, without the written consent of the Commonwealth, divulge or suffer or permit its servants, subcontractors or agents to divulge to any person any communication, submission or statement made or evidence or information used by or relied upon by the Commonwealth or any details thereof in respect of an adjudication application made under the relevant Security of Payment Legislation (in this paragraph, the Information).
The Subcontractor must not at any time, without the written consent of the Contractor, divulge or suffer or permit its servants, subsubcontractors or agents to divulge to any person any communication, submission or statement made or evidence or information used by or relied upon by the Contractor or any details thereof in respect of an adjudication application made under the relevant Security of Payment Legislation (in this paragraph, the Information).
The Consultant must not at any time, without the written consent of the Commonwealth, divulge or suffer or permit its servants, subconsultants or agents to divulge to any person any communication, submission or statement made or evidence or information used by or relied upon by the Commonwealth or any details thereof in respect of an adjudication application made under the relevant Security of Payment Legislation (in this paragraph, the Information).
The Contractor agrees that the amount stated in the payment statement as then payable by the Commonwealth to the Contractor under clause 12.4(e) is, subject to clause 12.16, to the extent permitted by and for the purposes of the relevant Security of Payment Legislation, the amount of the "progress payment" calculated in accordance with the terms of the Contract and which the Contractor is entitled to be paid in respect of the Contract.
If the Consultant certifies a different amount, or rejects the application or part thereof, the Owner shall promptly issue a written notice to the Contractor giving reasons for the revision or rejection, such written notice to be in compliance with Payment Legislation.
Except to the extent permitted by the relevant Security of Payment Legislation, the Consultant may only suspend the Services when instructed to do so under this clause 7.4.
Except to the extent permitted by the relevant Security of Payment Legislation, the Contractor may only suspend the Contractor's Activities when instructed to do so under clause 10.11.

More Definitions of Payment Legislation

Payment Legislation means the Building Industry Fairness (Security of Payment) Act 2017 (Qld).

Payment Legislation means the Building Industry Fairness (Security of Payment) ▇▇▇ ▇▇▇▇ (Qld).

Payment Legislation means, as applicable, the Building and Construction Industry Security of Payment Act 1999 (NSW), Building Industry Fairness (Security of Payment) Act 2017 (QLD) and Building and Construction Industry Security of Payment Act 2002 (VIC).