tiktok成人版

Construction Payment Contract Template for England and Wales

A Construction Payment Contract under English and Welsh law establishes the terms and procedures for payments in construction projects. It complies with the Housing Grants, Construction and Regeneration Act 1996 and includes provisions for payment schedules, notice requirements, and dispute resolution mechanisms. The contract defines payment milestones, valuation procedures, and sets out the rights and obligations of parties regarding payment applications, certifications, and final accounts.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get template free

Your data doesn't train Genie's AI

You keep IP ownership聽of your docs

4.6 / 5
4.6 / 5
4.8 / 5

What is a Construction Payment Contract?

The Construction Payment Contract is essential for managing financial aspects of construction projects in England and Wales. It ensures compliance with statutory requirements, particularly the Construction Act, and provides clear mechanisms for payment applications, certifications, and dispute resolution. This contract type is crucial for establishing payment security, maintaining project cash flow, and protecting parties' rights in construction projects. It includes detailed provisions for payment notices, pay-less notices, and suspension rights, while addressing specific requirements of the construction industry and relevant legislation.

What sections should be included in a Construction Payment Contract?

1. Parties: Details of the contracting parties including full legal names, registered addresses, and company numbers

2. Background: Context of the agreement including project overview and parties' intentions

3. Definitions: Defined terms used throughout the contract including specific construction terminology

4. Scope of Works: Detailed description of construction works to be performed including specifications and standards

5. Contract Sum: Amount payable, payment structure, and any provisions for price adjustments

6. Payment Procedures: Payment application process, payment notices, due dates, and final dates for payment in compliance with the Construction Act

7. Programme: Project timeline, completion dates, and key milestones

8. Variations: Process for handling changes to scope, including pricing and timing implications

What sections are optional to include in a Construction Payment Contract?

1. Performance Security: Provisions for bonds, guarantees, or other forms of security for contract performance

2. Insurance Requirements: Specific insurance obligations including types of coverage, amounts, and duration

3. Liquidated Damages: Pre-agreed damages for delay or other specified breaches of contract

4. Retention: Provisions for withholding and release of retention monies

5. Defects Liability: Obligations regarding rectification of defects and duration of liability period

What schedules should be included in a Construction Payment Contract?

1. Schedule of Rates: Detailed breakdown of costs, rates, and prices for different elements of work

2. Programme of Works: Detailed timeline showing sequence of construction activities and dependencies

3. Specification: Technical specifications and quality standards for materials and workmanship

4. Drawing Schedule: List of all relevant drawings with revision numbers and dates

5. Payment Schedule: Schedule of payment milestones, amounts, and dates

6. Site Information: Details about the construction site including access, restrictions, and existing conditions

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok成人版 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

England and Wales

Cost

Free to use

Find the exact document you need

Building Contract

A straightforward construction agreement under English and Welsh law governing contractor-client relationships for building works.

Download

Standard Building Contract

An England & Wales contract framework for managing medium to large-scale construction projects and protecting parties' interests.

Download

New Build Purchase Agreement

An England & Wales legal document outlining terms for purchasing newly constructed properties, ensuring compliance and protection.

Download

General Contractor Contract Agreement For Construction Work

An England & Wales legal document finalizing all claims from a car accident settlement agreement.

Download

Construction Management At Risk Agreement

An England & Wales legal document demanding debt payment within five days before initiating court proceedings.

Download

Construction Completion Agreement

An England & Wales legal document demanding final payment before initiating debt recovery proceedings.

Download

Contract Between Builder And Subcontractor

An England & Wales legal document demanding final payment before initiating debt recovery proceedings.

Download

Contractor Contingency Agreement

A legal document in England & Wales requesting tenant eviction under statutory requirements.

Download

Contractor And Owner Agreement

An England & Wales legal document demanding credit bureau compliance with data correction under relevant legislation.

Download

Builder Purchase Agreement

An England & Wales legal document demanding debt payment, encouraging settlement before formal proceedings.

Download

Contractor Warranty Agreement

A legal agreement under English and Welsh law providing third-party beneficiaries with direct warranties from contractors regarding construction work quality and compliance.

Download

Building Material Contract Agreement

A legal agreement for the supply of building materials, governed by English and Welsh law, establishing terms between supplier and purchaser.

Download

Pre Construction Purchase Agreement

A legally binding agreement under English and Welsh law for the purchase of property before or during construction.

Download

Agreement Between Builder And Contractor

A contract under English and Welsh law establishing terms between a builder and contractor for construction works.

Download

Construction Finders Fee Agreement

A legal agreement under English and Welsh law governing the terms for identifying and introducing construction opportunities in exchange for a finder's fee.

Download

General Contractor Subcontractor Agreement

An England and Wales-governed agreement between a general contractor and subcontractor defining works, payments, and obligations under UK construction law.

Download

Owner Subcontractor Agreement

A contract under English and Welsh law governing the relationship between a project owner and subcontractor for specific construction or engineering works.

Download

Building Construction Contract Agreement

A legally binding agreement under English and Welsh law that governs the relationship between client and contractor for construction works.

Download

Owner Builder Subcontractor Agreement

A legal agreement under English and Welsh law governing the relationship between owner-builders and subcontractors for construction works.

Download

Construction Retainer Agreement

A legal agreement under English and Welsh law establishing ongoing construction services between a contractor and client.

Download

Agreement Between Land Owner And Builder

A contract under English and Welsh law establishing terms between a landowner and builder for construction works.

Download

Sale And Construction Agreement

A legal agreement under English and Welsh law governing the sale of materials and provision of construction services between an employer and contractor.

Download

Management Building Contract

A legal agreement under English and Welsh law for managing construction projects through a appointed management contractor.

Download

Commercial Construction Agreement

A legally binding contract under English and Welsh law governing construction works between contractor and employer, including scope, payments, and completion terms.

Download

Owner Builder Agreement

A legally binding construction contract under English and Welsh law between a property owner and builder, outlining project terms and responsibilities.

Download

Builder Development Agreement

A contract under English and Welsh law governing the relationship between developer and builder for construction projects.

Download

Construction Payment Contract

A legally compliant agreement governing construction payment terms and procedures under English and Welsh law.

Download

New Construction Home Contract

An England and Wales contract governing the construction and sale of a new residential property between builder and purchaser.

Download

Construction Equipment Lease Agreement

A legal agreement under English and Welsh law governing the lease of construction equipment, including terms, conditions, and responsibilities of all parties.

Download

Construction Equipment Rental Agreement

A legal agreement under English and Welsh law governing the rental of construction equipment, including terms, conditions, and responsibilities of both parties.

Download
See more related templates

骋别苍颈别鈥檚 Security Promise

Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; 骋别苍颈别鈥檚 AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it