SOP Update - DEVB Technical Circular (Works) No. 6/2021
Development Bureau issued the Technical Circular (Works) No. 6/2021 under the cover of letter titled as "Security of Payment Provisions in Public Works Contracts" on 5 October 2021.
This Circular sets out the policy on how to move forward the first step with a view to facilitating timely processing disputes before the enactment of the Security of Payment Legislation (SOPL) and takes immediate effect.
As always, we keep members of HKICAdj abreast of the latest development of adjudication and keep promoting SOP via adjudication in the construction industry.
The Technical Circular can be downloaded in the link below: