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STANDARD CONDITIONS OF
NOMINATED SUB-CONTRACT
(Fifth Edition December 2008)
List of clarifications and editorial amendments
Building and Construction Desc ‘Standard Conditions of Nominated Sub-Contract (NSC)
(Fifth Edition Dec 2008)
List of Clarifications and Editorial Amendments
(weed 1 Dec 2015)
‘Standard Conditions of Nominated Sub-Contract
(Fifth Bd Dec 2008)
‘Standard Conditions of Nominated Sub-Contract
(Fifth Ed Dee 2008)
‘Clause 28 Payments to the Sub-Contractor
(1) Ifthe Sub-Contractor is a taxable person under the
Goods and Services Tax Act (Cap. 117A) hereafter
referred to as “GST Act”), the Contractor shall pay
1 the Sub-Contractor the Response Amount
(2) where the Sub-Contractor submits to the
Contractor within 7 days upon receipt of the
Payment Response the tax invoice in respect of
the GST payable to him under the GST Act,
within 28 days of the Sub-Contractor’s receipt
of the Payment Response.
() in all other situations, within 28 days after the
Sub-Contractor submits to the Contractor the
tax invoice in respect of the GST payable to
him under the GST Act.
2
Ifthe Sub-Contractor is nota taxable person under
the GST Act, the Contractor shall pay to the Sub-
Contractor the Response Amount within 28 days of
© Sub-Conlractor’s receipt of the Payment
Response,
Im the event that the Contractor fails to make
payment within the times stipulated, the Contractor
shall pay to the Sub-Contractor interest at the rate
stated in the Appendix (or atthe rate of 3% a year if
none stated) upon all sums unpaid from the date by
“which the same should have been paid.
8
Clause 28 Payments to the Sub-Contractor
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If the Sub-Contractor is a taxable person under the
Goods and Services ‘Tax Act (Cap. 117A) (hereafter
referred to as “GST Act"), the Contractor shall pay to
the Sub-Contractor the Response Amount:
(a) where the Sub-Contractor submits to the Contractor
within 7 days upon receipt of the Payment Response
the tax invoice in respect of the GST payable to him
under the GST Act, within 28 days or such other
time period as may be stipulated in the Appendix
fof the Sub-Contractor's receipt of the Payment
Response; and
() in all other situations, within 28 days or such other
time period as may be stipulated in the Appendix
after the Sub-Contractor submits to the Contractor
the tax invoice in respect of the GST payable fo him
under the GST Act
Ifthe Sub-Contractor is not a taxable person under the
GST Act, the Contractor shall pay to the Sub-Contractor
the Response Amount within 28 days or such other
time period as may be stipulated in the Appendix of
the Sub-Contractor's receipt af the Payment Response.
‘Where a time period fs stipulated in the Appendix,
that time period shall prevail,
In the event that the Contractor fils to make payment
within the times stipulated, the Contractor shall pay to
the Sub-Contractor interest at the rate stated in the
Appendix (or at the rate of 5% a year if none stated)
upon all sums unpaid from the date by which the same
should have been paid,
Appendix
No provision
Appendix
PAYMENTS TO THE,
Clause
2811/2)
SUB-CONTRACTOR
(28 days if none stated) ‘Standard Conditions of Nominated Sub-Contract
(Fifth Eid Dee 2008)
‘Standard Conditions of Nominated Sub-Contract
(Fifth Ed Dee 2008)
Form of Tender
To:
Form of Tender
To: *
Form of Tender
4, Unless and until a formal Agreement is prepared and
executed this Tender together with your written
acceptance thereof shall constitute a binding Contract
between us and the Contractor.
Form of Tender
4, Unless and until a formal Agreement is prepared and
executed this Tender together with the Contractor's written
acceptance thereof shall constitute a binding Contract
‘between us and the Contractor.
