The Act introduces new minimum payment arrangements between parties to a construction contract and will apply to contracts entered into after the commencement of the Act.
If a payment dispute arises between parties to a construction contract covered by the Act, either may refer the payment dispute for adjudication, which will then take place within a tight timeframe. If the parties cannot agree on the appointment of an adjudicator, either may apply to the Chairperson of the Construction Contracts Adjudication Panel to appoint an adjudicator from the Ministerial appointed Panel of Adjudicators to the dispute.
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Expressions of interest are now being sought by the Public Appointments Service (PAS) on behalf of the Department of Jobs, Enterprise and Innovation from suitably qualified persons for selection to this new Panel of Adjudicators.
The Minister for Business and Employment, Ged Nash TD, will make the appointments following the assessment of suitability of applicants by the PAS.
(CD/JP)
