This article will be provided a brief explanation of the Construction development act and it will comprise of 4 parts as follow.
Part 1- Summary
Part 2 - Section i to iii of the Act
Part 3 - Section iv to v of the Act
Part 4 - Section vi to x
part 5 - Effect to Quantity Surveyors
Part 6 - Shortcoming of the Act and Summary
Part 1
Summary
Recently
Sri Lanka Parliament has seconded the “Construction development act” which is applicable
for all activities relating to the Sri Lankan construction industry and it can
be considered as a milestone of the Sri Lankan Construction industry.
The
Act has provision to formulate a National Policy on Construction through a
National Advisory Council on Construction. The policy will implement through
the “Construction Industry Development Authority” which also proposed to
formulate through the Act. Members of the National Advisory Council and
Construction Industry Development Authority will comprise professionals
representing professional associations like IQSSL and IESL as well as top
ranked government officers like Secretary to the Minister in charge of the
subject of Construction.
Also
the Act has proposed to impose a tax called as “Construction Industry
Development Levy” and it will be collect as a percentage of construction cost
of projects and it will be the main source of income to the “Construction
industry development fund”. The fund will reserved for the benefit and
development of construction industry and its stakeholders, for an example it
will form insurance with pension benefits, for craftsmen.
The
Authority will maintain a Register of qualified persons in different
disciplines such as Quantity Surveying and Engineering in addition to the
register of Contractors, Developers, Skilled Construction Workers, Construction
Site Supervisor and etc.
Moreover
the Act has imposed to use standard documents specified for the purpose by the
Authority by qualified persons, contractors and etc.
Also
it has proposed to use Mediation or conciliation/adjudication as dispute
resolution mechanism for identified construction works respectively.
In
addition to those the Act has established an appeal board to hear any appeal
from any person who is aggrieved by decisions of the Authority.
The
Act has vested power to the Authority to collect information from various
organizations for the purpose of preparation and maintenance of a National Data
Base of construction.
All
physical and human resources of ICTAD will be offered to the Authority in order
to smooth function of the aforementioned activities.
Next: Part 2 - Section i to iii of the Act.
