[Sent on 30 Jun 2021] Providing Cashflow Support to Consultant | BCA Singapore

[Sent on 30 Jun 2021]
Providing Cashflow Support to Consultants Due to Impact of COVID-19

Due to the COVID-19 pandemic, some construction projects could be delayed and subjected to further reviews. The unexpected extension of construction contract periods has led to additional works and affected the cashflow of consultants as payment milestones are now stretched over a longer period of time.

To address these difficulties faced by consultants, the Government has provided various support measures to consultants:
The Job Support Scheme (JSS) helps employers retain local employees by helping to offset their wages.
Government agencies provides ex-gratia payments to consultants for services rendered for evaluation of contractors’ COVID-19 claims.
Government agencies have also been given the flexibility to issue more regular payments in between payment milestones in light of lengthened project durations.

We also encourage BE sector clients, such as private developers and contractors in Design and Build projects, to adopt similar measures mentioned above.

Clients can take into consideration additional work scopes taken on by consultants due to the pandemic, beyond certification of COVID-related claims, and provide payment accordingly.

For more details, visit:
Circular
https://go.gov.sg/bca-tlg-circular-consultants-cashflow-support

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