+603-6205-4928
CIPAA
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+4Years
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Company name
CIPAAAddress
A3-3-3A,Block A3, Solaris Dutamas, 1 Jalan Dutamas 1, 50480 Kuala Lumpur
Phone Number
+603-6205-3928
Fax
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.
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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CIPAA - company profile is confirmed by company owner / representative person / directory administrator.
Last update: August 2019 - View Status
Last update: August 2019 - View Status
Frequently Asked Questions for CIPAA
What is CIPAA’s phone number?
CIPAA’s phone number is: +603-6205-3928
What is CIPAA’s official website?
CIPAA’s official website is https://www.cipaamalaysia.com/
Where is CIPAA’s headquarters?
CIPAA’s headquarters are in A3-3-3A,Block A3, Solaris Dutamas, 1 Jalan Dutamas 1, 50480 Kuala Lumpur
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