Time
9:00 AM - 10:00 AM
Name
A2-Challenges of Prompt Payment Compliance in Condominiums Restoration Projects
Description

The changes to the Builder’s Lien Act bring in new construction payment terms to condominium renovations and restorations. Although the changes have been articulated in other presentations and publications, their impact on Condominium and standard Condominium process has not been fully digested.

It is critical that condominium boards, condominium managers, and contractors take steps to ensure that their payment processes fully comply with the new legislation. Failure to adjust to the amendments will open condominiums to a codified legal process that favours the contractor.

This presentation covers:

Understanding the PPCLA and how it changes to the Builder’s Lien Act for a Consultant/Contract Administrator’s perspective

Specific and detailed analysis of how these changes adversely affect condominiums 

A 10-step system to ensure boards, condominium manager, and consultants work together to protect the condominiums

Location Name
Macleod E2