STAS Workshop on Security of Payment Act (SOPA)

The objective of the workshop is to introduce participants to the Security of Payment Act and on how it operates in the practical context, supported by legal cases and its adjudication process.

Workshop Outlines

  •  Key points of the Security Of Payment Act
  • How the SOP ACT operates in the sense of the Word
  • Key principal meeting deadlines when making a claim under the Security of Payment Act
  • Outcome if the strict deadlines on the notice periods are not met
  • How to prepare for claims under the Security of Payment Act
  • The rights when you have won a claim under the Security of Payment Act
  • Enforcement of The Security of Payment Act
  • Why adjudication and its process
  • Sharing of legal cases

Who Should Attend

This seminar will be of immediate benefit to Managing Directors, Contracts Managers / Executive, Program Managers, Business Managers, Marketing Managers / Executive, Project Engineers, Business Advisers, Bankers, Consultants, Project Managers, Construction Managers, Quality Surveyors.

Seminar Details

Date:07 November 2019, Thursday
Time:9.00 am to 12.30 pm
Venue: NTUC Centre @ 1 Marina Boulevard,Singapore 018989 Room 801
Fee: $50.00 STAS Member
$100.00 Non-STAS Member
Inclusive of: refreshment

SPEAKER’S PROFILE: MR. ERIC NG YUEN

Mr Eric Ng Yuen is legal adviser to STAS. Eric’s focus is in the field of construction, real estate and building management. He has acted in construction claims in High Court as well as Arbitration. He was instrumental in the formation of first the Natural Stone Association in 1999, and later, the Specialists Trades Alliance, Singapore (“STAS”), comprising 10 to 12 trades associations who collectively represent most of the specialist trades in the construction industry.

As legal adviser to STAS, Mr Eric Ng Yuen’s research into the construction laws of the United Kingdom and Australia culminated in two Reports forwarded by the Trade Associations to the Building and Construction Authority. In response, Parliament enacted a new law: Building and Constructions (Security of Payment) Act 2004. At present, Mr Eric Ng Yuen is an accredited adjudicator on the Adjudicator Panel organised by the Singapore Mediation Centre since July 2005. Hence in different cases, Mr Eric Ng Yuen may act for claimants, respondents or act as adjudicator.

SPEAKER’S PROFILE: MR. HO KONG MO

Mr. Ho Kong Mo is the Managing Director of Threesixty Cost Management Pte Ltd, a wholly owned subsidiary of Surbana Jurong. He has over 36 years of QS consultancy experience and is a Fellow of The Singapore Institute of Surveyors and Valuers and Member of The Royal Institution of Chartered Surveyors. He was previously the Managing Director of Arcadis Singapore. Mr Ho Kong Mo is also an Accredited Adjudicator of Singapore Mediation Centre

His project expertise includes cost planning, procurement and cost management of public and private sector projects. He has led many mega projects such as Marina Business Financial Centre, Marina South Mixed Development, Guoco Tower, Interlace, d’Leedon and Jewel Changi Airport. Kong Mo is currently overseeing the IOI Commercial Development at Central Boulevard, Mixed Development at Sengkang and Pasir Ris, Terminal 5 Inter Terminal Tunnel and Resort World Sentosa Feasibility Study.

Programme Outline:

TimeAgenda
08.30am - 09.00amRegistration
09.00am – 09.20am
Welcome address by STAS President, Mr Thomas Ang

Welcome address by NTUC Asst Sec General, Mr Yeo Guat Kwang
09.20am – 09.45am
Sharing by NTUC U SME
09.45am – 10.30amAdjudication process, its benefits and the recent amendments to the SOP Act
10.30am – 11.00amTea Break
11.00am – 11.45amLearning from SOPA legal cases
11.45am – 12.30pmPanel Discussion + Questions and Answers
12.30pmEnd of Session

As seats are limited, registration will be on a first-come-first-serve basis. Please send in your registration form (attached) and payment as soon as possible. For further information, please send enquiries to info@stas.org.sg

We look forward to your presence and participation. Thank you.

Download STAS SOPA Workshop Application Form