Construction Payment Receipt Template for Hong Kong

The Construction Payment Receipt is a crucial document in Hong Kong's construction industry, designed to provide formal acknowledgment of payments made for construction works, services, or materials. This document is essential for maintaining accurate payment records and ensuring compliance with Hong Kong's construction payment regulations, including the Construction Industry Payment and Adjudication Ordinance (Cap. 626). It serves as legal evidence of payment completion, protecting both the paying and receiving parties' interests. The receipt typically includes comprehensive details about the payment, project reference, parties involved, and any specific conditions or retentions. It's particularly important for audit purposes, tax documentation, and potential dispute resolution, forming part of the project's essential payment documentation trail.

1. Receipt Header: Date, receipt number, and document title

2. Payer Details: Full legal name and address of the party making the payment

3. Payee Details: Full legal name and address of the party receiving the payment

4. Project Information: Project name, location, and reference numbers

5. Payment Details: Amount paid, payment method, date of payment, and payment reference

6. Work Description: Brief description of the construction work or services this payment covers

7. Payment Period: The period or milestone this payment relates to

8. Confirmation Statement: Statement confirming receipt of payment and satisfaction of the debt

9. Authorized Signature: Signature block with name, position, and date