Payment notice
A notice stating the sum considered due and its basis; your contract identifies whether the payer, a specified person or you must give it.
by Jack Butler-Kettle · About 1 min readShare
Further detail
Read this alongside section 110A of the Housing Grants, Construction and Regeneration Act 1996.
The contract's payment mechanism identifies who gives the notice, which sum it addresses and when it is required. The notice states the sum considered due and the basis of calculation. Under the applicable legislation, this obligation can apply even where the sum considered due is zero.
Check the notice against the relevant cycle and terms. Our Subcontract payment assessments service supports the assessed sum and calculation. An Underpayment recovery addresses a contested reduction or notice position.