
The Construction Act 1996 (UK)
The Construction Act 1996 is a UK law designed to improve payment practices within the construction industry. It establishes the rights and obligations of parties involved in construction contracts, emphasizing timely payments and dispute resolution. Key features include a requirement for contracts to specify payment terms and a mechanism for adjudication, allowing for quick resolution of disputes without lengthy court processes. Overall, the Act aims to promote fairness and transparency in construction contracts, helping to protect the interests of contractors, subcontractors, and employers alike.