Campaign for BCSOP Act
In the aftermath of the 1998 financial crisis, the Singapore construction industry faced many problems. Main contractors were financially strapped. They defaulted in payments to sub-contractors. Standard form contracts in use protected main contractors with a ‘pay-when-paid” clause. The clause was unfair. It prevented many disputes over sub-contractor’s quality of work from being resolved by […]
Formation of Specialist Trade Alliance of Singapore
The campaign for the Building and Construction Industry Security of Payment Act originated in year 2001 with a group of six trades associations who described themselves informally as the “six trades associations”. However, the campaign was directed only at the construction industry, and some of the six trades associations were not in the construction sector. […]