The Construction Contracts Act and statutory adjudication in Ireland – how are we doing so far, and can we do better?
Thursday, 01 December 2022
The Construction Contracts Act 2013 came into force on 25 July 2016. The primary purpose of the Act was to regulate payments in the construction industry by regulating the way in which payments are to be set out in construction contracts. The act also introduced a new statutory process for construction payment disputes in order to allow for cashflow on projects to be protected by resolving any disputes in a timely manner on an interim binding basis.
The act has been operating now for six years and, therefore, now is a good time to review how it is performing and whether there are particular changes and/or updates to the act that should be considered in order to improve its purpose for the construction industry.
Click here to read the recently published article in the Law Society Gazette.
Please note that the content of this summary does not amount to professional advice. Legal advice should be sought in respect of specific queries. This update is provided on the basis of information available as at November 2022.
