The Alberta Government has enacted the new Prompt Payment and Construction Lien Act  which will be effective August 29, 2022. The legislation will dramatically impact the manner in which invoices are rendered and set mandatory time periods in which payments must be made to all parties involved in the construction chain. The Prompt Pay Regulations  will also alter the exercising of lien rights, and potentially the way disputes are dealt with in the construction industry in Alberta. You will need to be ready for these significant changes.
 
We would like to help you get ready.  Lethbridge Construction Association has arranged for the Alberta-based Gowling WLG Construction Practice Group to offer a complimentary webinar to help you understand the new legislation and its impact on your organization, including your administrative processes, contracts, bonding, financing, insurance and project delivery.
 
The webinar will include over 50 FAQs relating to prompt payment, builders’ liens and holdbacks, adjudication, consolidation, the transition period and what your organization can do to get prepared. It will also include a segment on lessons learned from other provinces who have had prompt payment legislation already in place.

Who should attend

• Senior management

• Contract administration personnel

• Payment personnel

Webinar timing:
2:30-4:00 p.m.
April 28, 2022

To register, contact the Lethbridge Construction Association.to be sent a link to the webinar. Register For Webinar

If you are unable to participate on the designated date, please contact Lethbridge Construction Association and they will arrange participation in a webinar scheduled on a different day. Please note recordings of the webinars will also be available after the event.