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CIPAA

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Company name
CIPAA
Address
A3-3-3A,Block A3, Solaris Dutamas, 1 Jalan Dutamas 1, 50480 Kuala Lumpur
Phone
+603-6205-3928
Fax
+603-6205-4928
Establishment year 2014
Employees 51-100

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Company Details

Description
CIPAA stands for the Construction Industry Payment and Adjudication Act 2012, which came into effect on 15.4.2014.

Before CIPAA, disputes in the construction industry had to go through the process of arbitration or litigation. This is a lengthy process that is also costly. The result is that many contractors are unable to sustain their cashflow and business operations whilst waiting for the dispute to be resolved.

By CIPAA, Parliament introduced statutory adjudication as an interim dispute resolution process. It is a quick, efficient, effective (but rather summary) procedure designed to resolve payment disputes pending a final dispute resolution by way of arbitration or litigation.

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Last update: August 2019 - View Status

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