Double your money: FM and Construction Act 2009

The Construction Act 2009 - discussion includes:

• Greater certainty and clarity of cash flow in the contract supply chain – more responsibility and accountability for Clients
• Oral contracts can be made
• Client must issue payment notices on time
• Contractors’ remedies such as suspending operations
• Payments to companies in administration

Nick Smale, Director, Nickleby & Co Ltd
Has spent the last ten years managing FM contracts for High Street retailers. He has particular experience of companies badly administering FM charges and payments and being caught out by the Construction Act. The 2009 Act makes things even more demanding.