Clean Water OUR FUTURE
FEDERAL PROMPT PAYMENT LEGISLATION
Published on: 09/01/2024
The Federal Prompt Payment for Construction Work Act is now in force as of December 9th, 2023.
The legislation applies to all federal projects. Under the act, the federal government will have 28 calendar days to pay after a contractor submits a proper invoice. The contractor will then have seven days to pay its subcontractors and subcontractors will have another seven days to pay their sub-subcontractors.
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GREATER TORONTO SEWER & WATERMAIN CONTRACTORS ASSOCIATION
5045 Orbitor Drive, Unit 12, Suite 300 Mississauga, ON L4W 4Y4