Construction Contracts Act 2002 [repeat]: 24 June 2023
My render here is solely as an attention grab (Thanks to The Development Collective) – it is a marketing ploy because I am really reposting an item about invoicing as there was little notice taken of it.
For me, this is one of the most important things I have learned about in the recent past and I want to share it (consultants and trades in particular).
I can not say enough for all who work in construction, how important this invoicing detail is. Unfortunately, it runs under the radar because it seems complicated.
It is not complicated:
(1) Prepare a compliant detailed invoice for your construction work and ADD ON TO IT “issued under the CONSTRUCTION CONTRACTS ACT 2002”.
(2) Download the FREE FORM 1 from the MBIE website or in the files section here.
(3). Put the two forms together and Bingo, you have done your business a massive good service should you have a reluctant communicator or payer.
(4). Conversely, it means that YOU have to respect others who issue invoices under the Act. You must respond with a compliant written payment schedule prior to the payment date IF you dispute the amount claimed.
