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13/04/2016

Minister Signs 'Construction Contracts Act 2013 (Appointed Day) Order 2016'

The 'Construction Contracts Act 2013 (Appointed Day) Order 2016' has been signed by the Minister for Business and Employment.

The Order will give legal effect to the provisions of the Construction Contracts Act, 2013.

Minister Ged Nash said: "This is a significant day in the calendar of events leading to the implementation of this important legislation and I am very pleased to be in a position to make this Order. It will transform the landscape in which the construction sector operates in Ireland.

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"The changes to the way applicable construction contracts will now be drawn up will guarantee payment to sub-contractors at regular intervals during the life of a contract, and in addition, the legislation provides for a statutory adjudication service which entitles parties involved in a payment dispute to seek to resolve the matter through adjudication. This will take place in a short time period – the Act envisages 28 days."

It is intended that the Code of Practice relating to the conduct of adjudications will be published in coming weeks.

(CD/LM)

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