WorksheetsChallenge Quiz - Payment Management
Total questions: 10
Worksheet time: 10mins
What does SOP Act stands for?
Standard Operating Procedure Act
Security of Payment Act
Secure Online Payment Act
Standards of Performance Act
Which of the following contract is COVERED under SOP Act?
Supply and delivery of office stationery and equipment
Construction of residential property (Building Plan not required)
Design consultancy for construction project in Singapore
Employment contract
What types of contractual clauses are not allowed by the SOP Act?
(MORE THAN ONE ANSWER)
Pay-when-paid provisions
Payment terms
"Contract out" provisions
All of the above
Can sub-contractor use the SOP Act to claim against the main contractor for unpaid completed works?
Yes
No
Which of the following is NOT the reason for the implementation of SOP Act in Singapore?
Improve cash-flow and facilitate payment
Provide a fast and low-cost avenue to resolve design issues
Provide a fast and low-cost avenue to settle payment disputes
To void 'pay-when-paid' provisions
Which of the following is/are requirement(s) as set out in the Act for a payment claim to be considered valid?
(MORE THAN ONE ANSWER)
Identify the contract
Claimed amount
Indicate the period in which the valuation of work done is made
Made in writing
If the payment response amount is less than contractor's claimed amount, reasons for the differences must be stated in the payment response.
True
False
The contractor served a payment claim for the month of September. However, QS assessed that there is no work done on site. Is there a need to provide a payment response?
Yes
No
Which of the following is NOT a valid reason for withholding payment in a payment response?
Unauthorised work done by contractor
Arithmetical error in computation
Stating "Same reason stated in the previous payment response"
Failure to submit supporting documents i.e. joint measurement forms
Which of the following is NOT a scenario which leads to a right to adjudicate?
Contractor did not receive a payment response despite payment claim served.
Contractor has not completed the rectification works during the Defects Liability Period.
Payment response is issued by the Employer but the contractor has not been paid by payment due date.
Contractor disagrees with the payment amount assessed.
