Amendments To The Building And Construction Industry Security Of Payment
On 2 October 2018, the Singapore Parliament passed amendments to the Building and Construction Industry Security of Payment Act (the “SOP Act”). The objectives of the amendments to the SOP Act are threefold:
First, to expand and clarify the scope of the application of the SOP Act;
Second, to enhance the handling of payment claims and payment responses; and
Third, to improve the administration of the adjudication process.
These amendments are helpful to both employers […]