Attention to timing Final Edition
Calculating the 45 day period is not always simple. With respect to substantial completion of the project itself, a contractor has 45 days from the date of publication of a Certificate of Substantial Performance in a construction trade newspaper in which to register a lien. Contractors should closel...
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Published in | Free press (Midland. 1971) |
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Main Author | |
Format | Newspaper Article |
Language | English |
Published |
Midland, Ont
Postmedia Network Inc
30.09.2003
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Online Access | Get full text |
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Summary: | Calculating the 45 day period is not always simple. With respect to substantial completion of the project itself, a contractor has 45 days from the date of publication of a Certificate of Substantial Performance in a construction trade newspaper in which to register a lien. Contractors should closely monitor the date of publication of the Certificate of Substantial Performance to determine when the 45 day period begins to run. That is, a $500,000.00 project is deemed to be completed if it is ready for use and less than $15,000.00 worth of work remains. Consequently, an unpaid contractor must pay attention to the status of a project as it nears completion. Consequently, subcontractors should monitor the commencement of their lien rights closely if there will be a delay before providing a final insignificant supply of labour or materials as the clock may be running although work remains. Based on the above, it is important for contractors to monitor the amount of supply or labour that remains on their subcontract, as well as the status of the project itself and whether a Certificate of Substantial Performance has been published in order to determine when the 45 day period commences. |
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ISSN: | 0834-6933 |