Who is it for?
All contract staff, accountants, credit control & financial, staff, administrative or general staff of specialist companies involved with any aspect of contractual entitlements to payment.
Aims
To provide a clear and practical understanding of how the payment system operates. To provide practical advice on how to avoid pitfalls and make the system work for your company.
Course Content
An intensive and detailed review of the key aspects of obtaining payment for specialist construction work. Focus on work carried out under contracts and subcontracts. The course covers - Subcontract sum; Valuation of sub contract work; Inland Revenue Construction Industry Scheme; Applications ; Interim payments; Payment provisions of the Housing Grants; Construction & Regeneration Act 1996; Value added tax; Valuation of variation; Remedies for payment default; statutory; interest on late payments under the Late Payment of Commercial Debts(Interest) Act 1998 |
