How to get what you are entitled to, paid on time.
Any personnel involved with any aspect of contractual entitlements to payment, such as; project / contract / operations managers, commercial personnel, credit control & finance department, administration personnel.
Duration and Price
1 day: £199 + VAT per person. Book online using the form below
For group bookings, please contact Andy Redfern on 01283 512535.
Benefits of Attending
Gain a clear, detailed and practical review of the issues surrounding payment for work carried out under contracts and subcontracts
Understand how the payment system operates – make the Construction Act work for you
Covers contract terms and conditions, applications, valuations,payments. retentions and contra charges
Obtain practical advice on how to implement good commercial practice to avoid payment delays and ensure you receive what payments you are entitled to, when you are entitled to them
Already delivered to companies such as; Lloret Controls, Acorn Integrated Systems, Matrix Controls Systems and Crown House Enterprise Solutions
The contract value
Understanding the contract
Fixing key dates
Establishing a payment cycle and process to manage
Applications for payment and schedules of rates
Establishing what you are due
Detail and content
What can you do if you don’t agree with a customer’s valuation?
Valuation of sub contract work & sub contract certification
Payment provisions of the Housing Grants Construction & Regeneration Act 1998 and as updated by The Local Democracy, Economic Development and Construction Act 2009
Value Added Tax (VAT)
What to do if you don’t get paid
Remedies for payment default
Statutory interest on late payments under the Late Payment of Commercial Debts (Interest) Act 1998
“An excellent course providing vital information to subcontractors such as ourselves. I wish I had been on this course much earlier!”
“Since the course we have a more effective credit control system that means our cash flow is in a much better position. Thank you!”
“This course really opened our eyes to how the payment system works and what we can do to ensure payments are made to our advantage. We are in much better control of payments and by monitoring them closely means we are getting a better percentage of payments on time plus interest on those that are late.