Bill 38: ("Bill 38") seeks to amend The Builders' Liens Act to establish a prompt payment scheme in Manitoba. Bill 38 is not yet in force, but businesses should be taking steps now to familiarize themselves with the payment timelines and what is necessary to ensure that their billing practices can be amended to accord with what will be legally required of them.
Please read our previous article, which provides an overview of Bill 38.
We have provided examples below which outline the new payment timelines in two scenarios:
Scenario A: when the "proper invoice"
is accepted and each party down the chain pays on time, and
Scenario B: when an owner disputes a portion of a
contractor's "proper invoice."
Scenario A: Proper Invoice Accepted and Paid on
Time
(click image to view full size)
Scenario B: Owner Disputes Portion of Proper
Invoice
(click image to view full size)
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
