On 5 October 2021, the Development Bureau (DevB) published the Technical Circular (Works) No.6/2021 for the implementation of security of payment provisions in public work contracts (Circular). The ...
The new security of payment regime in Hong Kong – key issues to consider before its implementation
With the issue of DevB’s Circular implementing a contractual SOP regime for Hong Kong public works contracts and sub-contracts starting from 31 December 2021, the need to prepare for the Circular’s ...
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