Can A Payment Notice Be A Pay Less Notice?

The Housing Grants Construction and Regeneration Act 1996 provides a robust framework to protect the payee in construction contracts. There are defined payment terms, timescales, and remedies in the event of a dispute.

A Pay Less Notice is a type of Payment Notice. It offers the payer the opportunity to reduce the amount payable under a payment application.

The Pay Less Notice is the last opportunity for the payer to have their say in what they think the value is.