Ottawa’s new prompt payment rules become law, firming up pay schedule for federal construction jobs
By imposing a strict timetable on when payments must be made, the rules are expected to benefit both general contractors and subcontractors
June 24, 2019
A long-awaited bill that sets out strict payment timelines for general contractors and subcontractors working on federal construction projects has been signed into law.
Late last week, Governor General Julie Payette granted C-97, a wide-reaching budget implementation bill, royal assent, effectively establishing the federal government’s first prompt payment legislation. The bill had cleared the Senate a day earlier.
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