Market guide

Construction payment in Singapore

Singapore payment runs on the Building and Construction Industry Security of Payment Act. A payment claim is answered by a payment response, and a short or missing response can be taken to adjudication. The response is due by the date in the contract or within 21 days of service, whichever is earlier; where the contract sets no period at all, the Act allows 14 days. So 21 days is a ceiling, not the normal period. GST applies at the prevailing rate, and the statutory deadlines sit alongside whatever the contract says.

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Where to go from here

Payment date calculator Put in your contract form and the date of the application, and get the four dates back: payment due, payment notice, pay-less deadline and the final date for payment. See how it works Statutory payment dates Payment notice, final date for payment and pay-less deadline, counted from the periods your own contract form carries rather than from a template. See how it works The blog One hundred and seventy four pieces on payment, valuation, variations, retention and the final account, with no sign-up and no sales pitch at the end. See how it works

The arithmetic is the same in every market

Value the work, hold the retention, count the dates and keep the record. QScope runs the same way wherever the job is, thirty days free and without a card.

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