ABSTRACT

One of the most important duties of the contract administrator under IC16 is the issuing of certificates of payment. Intermediate Form of Contract, first published in 1984, and the second includes an optional provision for advance payment to the main contractor. The due date for each interim payment is seven days from the relevant ‘Interim Valuation Date’. The contract particulars require the parties to enter the first interim valuation date and, if none is entered, this is one month after the date of possession. The contract administrator has no discretionary power to certify any off-site items, other than those that have been listed. The employer has the right to deduct from the retention any sums due from the contractor, including sums due by right of set-off. Payment is made direct from the employer to the contractor and the contract administrator should ensure that it receives copies of any correspondence regarding this.