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Implementation of the “Spirit” of Security of Payment Legislation (SOPL) in Public Works Contracts

  • 28 Sep 2021
  • 1:00 PM - 2:00 PM
  • Zoom link to be provided upon registration
  • 92

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This webinar will bring you right up to speed on recent developments on SOPL in Hong Kong. In a system unlike anywhere else, SOPL will initially rely on a complex chain of contractual amendments without any legislation. The Hong Kong Government will be introducing SOPL provisions across all its new public works contracts for tenders issued from July or August 2021. We will provide a concise briefing on the Development Bureau's draft Technical Circular, including:

  • Scope of application;
  • Payment dispute & claims handling procedure;
  • Adjudication;
  • Mandatory Subcontract Conditions for SOP and SOP Provisions for Relevant Subcontracts, particularly their incorporation into sub-contracts;
  • Direct payment mechanism for unpaid adjudicated amount;
  • Suspension of works for non-payment; and
  • Contractor’s Performance Report.

We will also consider the practical implications and the steps contractors and subcontractors will need to take to prepare themselves, and the latest position of the Hong Kong Construction Association.

SPEAKERS:

Ian Cocking, Cocking & Co

Ian is a founding partner of Cocking & Co, an independent law firm specialized in construction. Ian is recognised as one of the leading legal advisers to the construction, engineering and project development industries in Hong Kong and the Asia Pacific region. Ian is an accredited mediator and an accredited adjudicator.

Priscillia Lam, Cocking & Co

Priscillia is an associate of Cocking & Co. Her practice focuses on litigation and arbitration relating to construction and engineering in Hong Kong and overseas. She has worked with various clients including employers, contractors, engineers and architects in a number of high-profile construction and commercial projects.

EVENT DETAILS:

Date: Tuesday, 28 September 2021

Time: 1:00 pm to 2:00 pm

Location: Webinar links will be sent upon registration

CPD Points: CPD points have been applied for.  Please note you need to be logged in for the full duration of the webinar to qualify for CPD points. Unfortunately, points cannot be applied for members who join the webinar via telephone link. 

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