Public Services and
Procurement Canada
increases transparency
around construction
contract payments
The Government of Canada is committed
to growing the economy, strengthening
the middle class and helping those work-ing
hard to join it. Our government un-derstands
that too many workers in the
construction industry face financial hard-ship
because of payment delays.
Public Services and Procurement
Canada (PSPC) announced recently
that it will publicly disclose payments
to prime contractors so that construc-tion
subcontractors know when they can
expect payment.
The government has a strong record of
promptly paying its contractors. This in-crease
in transparency will allow com-panies
and individuals working for those
prime contractors to know when they can
expect payment and to take action under
their respective contracts when payments
are late.
PSPC now publishes payment informa-tion
on its website for all construction con-tracts
of over $100,000.
The Minister of Public Services and
Procurement has also engaged oth-er
federal organizations and provincial
governments to identify and build con-sensus
on potential improvements to
payment practices.
This work complements Government
of Canada measures already in place. For
example, PSPC-managed construction
contracts of over $100,000 require prime
contractors to submit statutory declara-tions
with every request for payment ac-knowledging
that they have met all legal
payment requirements. They are also re-quired
to provide contract security (such
as bonds) to protect subcontractors against
non-payment.
“Our government understands that too
many workers and small businesses in
the construction industry face financial
hardship because of payment delays,” said
Steven MacKinnon, parliamentary secre-tary
to the Minister of Public Services and
Procurement. “We are helping eliminate
this unfair situation by providing those who
work on federal construction projects with
the information they need to get paid by
their contractors on time and help bolster
a healthy industry and a vibrant economy.”
This initiative is the product of a joint
government-industry working group, com-posed
of PSPC, Defence Construction
Canada and the Canadian Construction
Association. The working group is also con-sidering
other measures to support timely
payment in the construction industry, such
as potential improvements to payment
terms and contractual holdbacks.
Canada launches
negotiations with
provinces and
territories for long-term
infrastructure
investments
Modern, efficient community infrastruc-ture
contributes to a high quality of life by
helping connect people to jobs, improve
water systems and support new business
opportunities. Investing in infrastructure
is vital to creating middle class jobs today
NEWS FROM THE FIELD
Continued on page 12
GREAT NEW & USED INVENTORY!
SALES & RENTALS - SCREENERS - CONVEYORS - CRUSHERS - AGGREGATE EQUIPMENT
CALL OUR TOLL FREE PHONE:
1.800.960.9939
Ph: 403-946-4860 | Fax: 403-946-5191 | www.tyalta.com | info@tyalta.com
10 Think BIG | Quarter 3 2017 | saskheavy.ca