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Hi, there. Anthony from Contractors Debt Recovery returning to your screen yet again. Today,
we’re going to talk about notices, notices under the contract. There are notices of suspension
you need to be aware of, how do you do extension of time notices, notices for a change in scope,
a whole host of notices under more formal contract. Now the first problem that contractors
get themselves into is they don’t know what situation requires a notice and the contract
will tell you that. You need to be across that. How many types of notices are there
and under which situations do I have to create one and send one to my client.
The other point you need to be aware of is what is the content of these notices. Now
a more involved contract will actually itemize what needs to be in the notice. If it’s
a suspension notice, what information does your client need in order to consider to contents
so they can either approve or reject it. So you need to know what contents have to be
in these notices. Finally, you need to know when to send the notice and who to send it
to. You need to send it to the correct person or the correct fax number or the correct email
address as set out in the contract.
So the reason this is very very important is because so many payment disputes end with
the client saying well you never told us or you never told us in time. The contract gives
you three business days to tell us if the variation has arisen and you didn’t do that.
Or, well you’re suspension notice needs to be rendered to us within two business days
of an event occurring and so on. You need to be across what gives rise to the requirement
for a notice under your contract. You need to be what has to be on the notice so that
the content of each notice. And you need to know where and to whom to send the notice.
So be across those. It’s not too hard. You need to review the contract careful. Be across
all the different types and know in advance all those situations that will require you
sending a notice to your client. If you can be across that, it sends the message that
you understand the contract and it also shuts down a whole area of none payment that might
be lurking just to come and sneak up on you in three months’ time. So please be aware.
It’s not a minor administrative matter. It’s actually a major thing that will help
you get paid a lot faster and a lot more. I’ll see you next time.