Details on Prompt Payment Legislation

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Details on Prompt Payment Legislation

Good Afternoon MCA Members,

October 21, Minister of Service Alberta, the Honourable Nate Glubish introduced legislation that will bring prompt payment to Alberta. The MCA board and staff have invested countless hours to bring this legislation to fruition. We look forward to continuing to be engaged as government writes the regulations for this act. Plus, the ATCC will be involved in the development of a made-in-Alberta solution for a construction industry Payment Dispute Adjudication System.

Thank you for your ongoing support, it ensures MCA will continue to speak on behalf mechanical contractors with a strong and unified voice.

Here are the broad details of the Alberta Government’s Builders’ Lien (Prompt Payment) Amendment Act. Details of how these changes will be implemented and ultimately how industry will work with this legislation will be worked out between now and July 2021. MCA will keep you posted. 201022_Govt_Prompt Payment Fact Sheet

2020-10-22T09:24:26-06:00October 22nd, 2020|News|