Date: 28 July 2022 (Thursday)
Time: 8:00am – 6:00pm
Mode: Physical
Venue: JKR Sarawak Research Centre
Location: https://goo.gl/maps/7VPdASKgWMiQ4DYR9
Speakers:
- Ir. Ahmad Ridzuan bin Abu Bakar
- Ir. Ts. Mohd Faiz bin Shapiai
- En. Muhammad Iyas bin Mahzan
- En. Razak Wong Chen Keng @Razak B.ChongMing
- En. Bryan Ewe Teik Tsia
CPD Hours: Pending
Ref. No.: Pending
Event synopsis:
Payment disputes in the construction industry have become a common problem in Malaysia and in most countries, especially
in developing countries. About 50% of Malaysia construction projects experience Under Payment, Late Payment and/or Non-
Payment issues which causes complication to the projects to the extent that some of the projects are abandoned wherein
innocent third-party purchasers become victims of delayed and abandoned projects.
One of the main elements for the complication is the client’s inadequate finance or main contractor’s poor cash flows for the
project. The amount of money involved in construction industry is enormous and when payments from the clients are
delayed, most of the contractors/sub-contractor would not be able to bear the heavy day to day construction expenses by
themselves which includes the cost of material, labour and other necessary day to day expenses. The issue of payment
dispute would eventually result in time over-run, cost over-run and total abandonment of the project.
Therefore, the construction payment dispute requires to be dealt with at worst, a cheaper, quicker, simpler, legal binding and
enforceable resolution enabled by an adjudication proceeding, which is what The Construction Industry Payment and
Adjudication Act (CIPAA) has specially drafted to resolve the issues with provisions such as PROHIBITION of Conditional
Payment, to STREAMLINE payment procedures and provide REMEDIES for the recovery of payment.
The Construction Industry Payment and Adjudication Act (CIPAA) 2012 has come into operation with effect since 15 April
2014. The talk will cover the definition and key features of CIPAA, construction culture and payment risks, as well as the
adjudication process under CIPAA. In addition, identification of construction payment problems, their impact and resolution
and how to conduct payment recovery through CIPAA proceeding will also be discussed during the talk.
Seminar ini dianjurkan oleh IEM dengan sokongan JKR bagi meningkatkan tahap kesedaran dan kesediaan penggiat industri pembinaan khususnya para jurutera awam tentang pelaksanaan BIM dalam projek Jabatan Kerja Raya (JKR). Para penceramah terdiri daripada pakar yang berpengalaman dan terlibat secara langsung dalam pelaksanaan BIM bagi projek Kerajaan. Seminar ini dapat memberi manfaat dan pengetahuan kepada perunding, kontraktor dan pelbagai agensi kerajaan untuk bersama-sama menjayakan pelaksanaan BIM dalam projek-projek kerajaan seterusnya merealisasikan hasrat pendigitalan sistem penyampaian projek dan pengurusan aset menyeluruh.
Fees:
Payment disputes in the construction industry have become a common problem in Malaysia and in most countries, especially
in developing countries. About 50% of Malaysia construction projects experience Under Payment, Late Payment and/or Non-
Payment issues which causes complication to the projects to the extent that some of the projects are abandoned wherein
innocent third-party purchasers become victims of delayed and abandoned projects.
One of the main elements for the complication is the client’s inadequate finance or main contractor’s poor cash flows for the
project. The amount of money involved in construction industry is enormous and when payments from the clients are
delayed, most of the contractors/sub-contractor would not be able to bear the heavy day to day construction expenses by
themselves which includes the cost of material, labour and other necessary day to day expenses. The issue of payment
dispute would eventually result in time over-run, cost over-run and total abandonment of the project.
Therefore, the construction payment dispute requires to be dealt with at worst, a cheaper, quicker, simpler, legal binding and
enforceable resolution enabled by an adjudication proceeding, which is what The Construction Industry Payment and
Adjudication Act (CIPAA) has specially drafted to resolve the issues with provisions such as PROHIBITION of Conditional
Payment, to STREAMLINE payment procedures and provide REMEDIES for the recovery of payment.
The Construction Industry Payment and Adjudication Act (CIPAA) 2012 has come into operation with effect since 15 April
2014. The talk will cover the definition and key features of CIPAA, construction culture and payment risks, as well as the
adjudication process under CIPAA. In addition, identification of construction payment problems, their impact and resolution
and how to conduct payment recovery through CIPAA proceeding will also be discussed during the talk.
RM 100.00 (Early Bird until 13 July 2022)
RM 150.00 (Normal Rate)
Registration:
Click here to register:
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