Dealing with Late Payments - A Challenge for UAE Small Scale Subcontractors?

The small scale subcontractors provide an extremely important service to the construction industry in UAE and they carry out more than 50% of the actual execution of the works at site in major projects as direct subcontractor to the main contractor or as a sub-subcontractor. It has been reported tha...

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التفاصيل البيبلوغرافية
المؤلف الرئيسي: Purayil, Abdulla Poomangalorakath Puthiya (author)
منشور في: 2015
الموضوعات:
الوصول للمادة أونلاين:http://bspace.buid.ac.ae/handle/1234/930
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author Purayil, Abdulla Poomangalorakath Puthiya
author_facet Purayil, Abdulla Poomangalorakath Puthiya
author_role author
dc.creator.none.fl_str_mv Purayil, Abdulla Poomangalorakath Puthiya
dc.date.none.fl_str_mv 2015-11
2016-12-06T10:18:37Z
2016-12-06T10:18:37Z
dc.format.none.fl_str_mv application/pdf
dc.identifier.none.fl_str_mv 2013222051
http://bspace.buid.ac.ae/handle/1234/930
dc.language.none.fl_str_mv en
dc.publisher.none.fl_str_mv The British University in Dubai (BUiD)
dc.subject.none.fl_str_mv scale subcontractors
United Arab Emirates (UAE)
construction industry
dc.title.none.fl_str_mv Dealing with Late Payments - A Challenge for UAE Small Scale Subcontractors?
dc.type.none.fl_str_mv Project
description The small scale subcontractors provide an extremely important service to the construction industry in UAE and they carry out more than 50% of the actual execution of the works at site in major projects as direct subcontractor to the main contractor or as a sub-subcontractor. It has been reported that the small scale subcontractors in UAE are severely affected by the late payment issues. Although several researches were conducted on the late payment issue faced by subcontractors in general, the researches with special focus to small scale subcontractors are very limited in numbers. This research focused on identifying various challenges faced by small scale subcontractors in UAE with respect to the late payment issues, examining the legal and contractual aspects of the late payment issues under various jurisdictions with a particular focus to UAE law and to find out feasible solutions for the late payment issue. The methodologies adopted were questionnaire survey, literature review and face-to-face interviews. The research reveals that dealing with late payment is a challenge for small scale subcontractors in UAE and foremost reason for the late payment is „main contractors wrongfully withholding due payments‟. The research further shed light in to various provisions, concerning late payment to small scale subcontractors, available in the UAE law as well as other jurisdictions and found that UAE law is lacking several provisions which are available in other jurisdictions that protect small scale subcontractors. To conclude, the late payment issue faced by the small scale subcontractors is an issue to be dealt with great concern as it has severe economic as well as social impacts. Further, it is recommended to adopt a quick and affordable statutory adjudication and a protection to subcontractors‟ payment through the project escrow account in UAE as a solution to eliminate this issue.
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spelling Dealing with Late Payments - A Challenge for UAE Small Scale Subcontractors?Purayil, Abdulla Poomangalorakath Puthiyascale subcontractorsUnited Arab Emirates (UAE)construction industryThe small scale subcontractors provide an extremely important service to the construction industry in UAE and they carry out more than 50% of the actual execution of the works at site in major projects as direct subcontractor to the main contractor or as a sub-subcontractor. It has been reported that the small scale subcontractors in UAE are severely affected by the late payment issues. Although several researches were conducted on the late payment issue faced by subcontractors in general, the researches with special focus to small scale subcontractors are very limited in numbers. This research focused on identifying various challenges faced by small scale subcontractors in UAE with respect to the late payment issues, examining the legal and contractual aspects of the late payment issues under various jurisdictions with a particular focus to UAE law and to find out feasible solutions for the late payment issue. The methodologies adopted were questionnaire survey, literature review and face-to-face interviews. The research reveals that dealing with late payment is a challenge for small scale subcontractors in UAE and foremost reason for the late payment is „main contractors wrongfully withholding due payments‟. The research further shed light in to various provisions, concerning late payment to small scale subcontractors, available in the UAE law as well as other jurisdictions and found that UAE law is lacking several provisions which are available in other jurisdictions that protect small scale subcontractors. To conclude, the late payment issue faced by the small scale subcontractors is an issue to be dealt with great concern as it has severe economic as well as social impacts. Further, it is recommended to adopt a quick and affordable statutory adjudication and a protection to subcontractors‟ payment through the project escrow account in UAE as a solution to eliminate this issue.The British University in Dubai (BUiD)2016-12-06T10:18:37Z2016-12-06T10:18:37Z2015-11Projectapplication/pdf2013222051http://bspace.buid.ac.ae/handle/1234/930enoai:bspace.buid.ac.ae:1234/9302018-10-05T11:23:13Z
spellingShingle Dealing with Late Payments - A Challenge for UAE Small Scale Subcontractors?
Purayil, Abdulla Poomangalorakath Puthiya
scale subcontractors
United Arab Emirates (UAE)
construction industry
title Dealing with Late Payments - A Challenge for UAE Small Scale Subcontractors?
title_full Dealing with Late Payments - A Challenge for UAE Small Scale Subcontractors?
title_fullStr Dealing with Late Payments - A Challenge for UAE Small Scale Subcontractors?
title_full_unstemmed Dealing with Late Payments - A Challenge for UAE Small Scale Subcontractors?
title_short Dealing with Late Payments - A Challenge for UAE Small Scale Subcontractors?
title_sort Dealing with Late Payments - A Challenge for UAE Small Scale Subcontractors?
topic scale subcontractors
United Arab Emirates (UAE)
construction industry
url http://bspace.buid.ac.ae/handle/1234/930