Singapore legislation

Regulation 5

of Building and Construction Industry Security of Payment Regulations

Regulation 5

Payment claims

Amended byS 780/2019 wef 15/12/2019S 780/2019 wef 15/12/2019S 780/2019 wef 15/12/2019

Subregulation 1

Amended byS 780/2019 wef 15/12/2019

Where a contract does not contain any provision specifying the time at which a payment claim must be served or by which such time may be determined, then a payment claim made under the contract must be served by the last day of —

(a)

the month following the month in which the contract is made; or

(b)

any subsequent month.

Subregulation 1A

Amended byS 780/2019 wef 15/12/2019

For the purposes of paragraph (1), only one payment claim made under a contract may be served in each month.

Subregulation 2

Every payment claim shall —

(a)

be in writing;

(b)

identify the contract to which the progress payment that is the subject of the payment claim relates; and

(c)

contain details of the claimed amount, including —

(i)

a breakdown of the items constituting the claimed amount;

(ii)

a description of these items;

(iii)

the quantity or quantum of each item; and

(iv)

the calculations which show how the claimed amount is derived.

Subregulation 3

Amended byS 780/2019 wef 15/12/2019

In this regulation, “month” means a period of time beginning on the first day of each of the 12 calendar months into which a year is divided, and ending on the last day of each of these months.