CIPAA officially went into effect on April 15, 2014, passing just two years prior. CIPAA facilitates cash flow in the construction industry, as the new compulsory statutory adjudication regime enables parties to quickly and effectively create a decision on payment disputes. CIPAA mandates timelines that speed the processes up, which is thereby more beneficial for the businesses that get caught in the crossfire. If you’re unsure of how to leverage CIPAA, our consultancy experts can work with you to ensure your business is operating along with the new regulation.
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