Alberta introduces construction prompt payment legislation

0
1018

Ontario Construction News staff writer

Albertaโ€™s provincial government has followed Ontarioโ€™s lead in introducing proposed changes to the provinceโ€™s Buildersโ€™ Lien Act, which it says in a statement โ€œare the first in almost 20 years and address long-standing concerns within the construction industry, including payment timelines, lien periods and adjudication.โ€

โ€œWe are answering calls and addressing concerns from the construction industry to protect jobs by ensuring everyone throughout the supply chain โ€“ from general contractors to subcontractors โ€“ is paid on time for their work,โ€ Nate Glubish, Minister of Service Alberta, said in an Oct. 21 statement.

Prompt payment and adjudication fact sheet

โ€œWeโ€™re doing this at a critical time when Albertaโ€™s government is moving forward on its recovery plan and when hard-working Albertans in construction can least afford payment uncertainty.โ€

The government says the proposed legislation would:

  • Eliminate the need for contracted timelines by requiring owners, contractors and subcontractors to pay invoices within 28 days.
  • Extend the deadline for unpaid contractors and subcontractors to file liens against a project with the governmentโ€™s Land Titles Office from 45 days to 60 days.
  • Workers in the concrete and oil and gas industries would have 90 days to file liens.
  • Prohibit โ€˜pay-when-paidโ€™ clauses from construction contracts to end the practice of transferring financial risk to subcontractors.
  • Establish an adjudication system to resolve disputes, rather than rely on the courts.

Other proposed changes to the bill include:

  • New rules allowing for holdback money on large, multi-year projects to be released without risk at pre-set times.
  • Improving contractorsโ€™ access to payment information.
  • Increasing the minimum amount owed that can be subject to a lien from $300 to $700.
  • Changing the name of the act from the Buildersโ€™ Lien Act to the Prompt Payment and Construction Lien Act.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

I accept the Privacy Policy