Sub-Contractors Readiness on the Malaysian Security of Payment Legislation in Construction Industry
In Malaysia, subcontractors are definitely benefited from payment provisions in the proposed Construction Industry Payment and Adjudication Act (CIPA Act). However, the particularly small sized sub-contractors need to enhance knowledge of the socalled the Security of Payment Regime to improve their awareness of the benefits of the Act. Due to this, this on-going research attempts to introduce balance and proper guidelines to the sub-contractors, in giving the knowledge, to claim for payment and the main contractors able to make prompt payments. Before that, the research may first identify the payment provisions in the standard forms of contracts as well as in domestic sub-contracts especially on Contingent Payment, and exploring the problems and legal issues relating to payment default. Then, by determining the level of knowledge that the sub-contractors have to the proposed CIPA Act, and analysing the various avenues which improve the payment problem in the construction industry those have been incorporated in the construction contract or statutes in the other developed countries as well as the proposed CIPA Act, the aim may be achieved. The purpose of this paper, though, is to disclose the finding of the first objective of the on-going research. In the standard forms of construction contracts, currently, the payment structure to the sub-contractors are divided into three: payment upon certification, direct payment from the employer, and contingent payment or conditional payment As long as the Malaysian Security of Payment Regime remains in proposal, the sub-contractors have to bear with the current structure of payment mechanisms.
legal readiness Malaysia sub-contractors security of payment construction industry
Azizan Supardi Hamimah Adrian Mohammad Fadhil Mohammad
Faculty of Architecture, Planning and Surveying Universiti Teknologi MARA Shah Alam, Malaysia
国际会议
2010 International Conference on Construction and Project Management(2010年IEEE建设与项目管理国际会议 2010ICCPM)
成都
英文
248-252
2010-11-16（万方平台首次上网日期，不代表论文的发表时间）