JCT D&B 2016 Payment Timeline Flashcards
1
Q
JCT D&B 2016 - How long after due date must the employer issue an interim certificate?
A
5 Days - this is set by statute and carnt be changed
1
Q
JCT D&B 2016 - What is the prescribed period after due date that the payment must be paid?
A
14 - this can be changed in the contract
2
Q
JCT D&B 2016 - How long before the payment date can a pay less notice be issued?
A
5 - but this can be changed in the contract
3
Q
JCT D&B 2016 - In reference to the Due Date, when can an interim application be issued?
A
On or before the Due Date
4
Q
JCT D&B 2016 - When should work be valued to for an interim assesement?
A
Valued to the Due Date