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Construction Services

(Date Created:22-Aug-2019)

Cipaa

CIPAA stands for the Construction Industry Payment and Adjudication Act 2012, which came into effect on 15.4.2014.
Calendar Date Post: 02-Aug-2019    Pages: construction services


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Tel: +60362053928

A3-3-3A, Block A3 Solaris Dutamas, 1 Jalan Dutamas 1 50480 Kuala Lumpur

Cipaa Malaysia

CIPAA stands for the Construction Industry Payment and Adjudication Act 2012, which came into effect on 15.4.2014.

Before CIPAA, disputes in the construction industry had to go through the process of arbitration or litigation. This is a lengthy process that is also costly. The result is that many contractors are unable to sustain their cashflow and business operations whilst waiting for the dispute to be resolved.

By CIPAA, Parliament introduced statutory adjudication as an interim dispute resolution process. It is a quick, efficient, effective (but rather summary) procedure designed to resolve payment disputes pending a final dispute resolution by way of arbitration or litigation.

Calendar Date Post: 01-Aug-2019    Pages: construction services


Website Visit Website
Tel: 603-62053928

A3-3-3A, Block A3 Solaris Dutamas 1 Jalan Dutamas 1 50480 Kuala Lumpur
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