Publisher one

Genie AI

Jurisdiction

England and Wales

Contract party

Relevant sectors

Type of legal document

🏚️ Pay less notice

Business activity

Pay less notice

Why use a 🏚️ Pay less notice?

A pay less notice is a notice served by a contractor to a sub-contractor that sets out the sum the contractor considers to be due under the sub-contract. The notice must be served before the final date for payment stated in the sub-contract. If the sub-contractor does not agree with the sum stated in the pay less notice, they can serve a notice of intention to withhold payment.

The Pay Less Notice (Construction Contract) is a legal template commonly used in the United Kingdom within the construction industry. This document serves as a formal notice to the contractor from the employer, highlighting the intention to pay an amount less than the sum usually invoiced for the completed work or ongoing project.

Under UK law, construction contracts often involve interim payments based on the progress of the project. These payments are typically made in stages or intervals, and the Pay Less Notice template is utilized when the employer believes there are valid grounds to pay an amount less than the sum invoiced by the contractor for a particular payment period.

The notice provides the employer with a legal framework to contest issues such as defects, non-compliance with contractual obligations, or relevant variations undertaken by the contractor. It aims to address potential disputes or disagreements over the contractor's work quality, delays, or additional costs incurred.

When using this template, the employer is required to communicate the reasons and calculations for the reduction in payment. This notice period is typically outlined in the terms and conditions of the construction contract and must be delivered within a specified timeframe before the intended payment date. The Pay Less Notice allows the employer to exercise their contractual right to set off or deduct an appropriate amount from the contractor's interim payment.

Given the complexity of construction projects and the potential disputes that may arise, the Pay Less Notice (Construction Contract) template helps establish transparency and a structured approach to managing payment issues between employers and contractors under UK law.

How it works

Create doc / use template

Chat to our AI Legal Assistant

Edit, collaborate & share

Export to .docx

PRODUCT HUNT
#1 Product of the Day

Try using Genie's Free AI Legal Assistant

Generate quality, formatted contracts with AI

Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs

Let our Legal AI make 
edits for you

Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.

AI review

Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs

See Genie AI in action

Book your personalised demo now

Schedule a live, interactive demo with a Genie expert
Understand the most valuable features of Genie based on your workflow
Find out exactly how your business will benefit, from hours saved to faster revenue



Click here to book your personalised demo now.

Thank you for requesting a demo. You can book one immediately using the following link if you'd like to: https://bit.ly/GenieAIDemo

If you'd like to, you can now fill in our ROI calculator - you'll get instant results, which we'll use to make your demo even more specific.

Calculate now
Oops! Something went wrong while submitting the form.



Click here to book your personalised demo now.

Similar legal templates

Simple Parental Leave Policy (SMEs Friendly)

This legal template pertains to a Simple Parental Leave Policy specifically designed for small and medium-sized enterprises (SMEs) operating under the jurisdiction of UK law. The template outlines the guidelines and provisions related to parental leave that SMEs can implement to support their employees who are becoming parents or adopting a child. It details the rights and entitlements granted to employees in terms of time off from work for maternity, paternity, or adoption leave, while also providing guidance on the process for requesting and approving parental leave. This template is aimed at assisting SMEs in implementing a fair, compliant, and supportive policy that takes into consideration the legal requirements surrounding parental leave in the UK, enabling employers to effectively manage their workforce and create a positive work-life balance for their employees.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
7
RATINGS
2
DISCUSSIONS
3

Short-Form Consulting Agreement

A Short-Form Consulting Agreement under UK law is a legal template that outlines the terms and conditions of a consulting engagement between a consultant and a client in the United Kingdom. This agreement is designed to be concise and suitable for low-risk consulting projects, making it ideal for quick and straightforward engagements.

The template covers essential details such as the scope of services to be provided, the compensation structure, and the duration of the engagement. It defines the roles and responsibilities of both the consultant and the client, ensuring a clear understanding of expectations.

Additionally, the agreement includes provisions regarding confidentiality, intellectual property rights, termination conditions, and liability limitations. It also addresses dispute resolution methods, governing law, and jurisdiction to provide a legal framework for addressing potential conflicts.

By utilizing a Short-Form Consulting Agreement under UK law, both parties can have peace of mind by putting their agreement in writing and having a legally binding document that protects their interests.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
6
RATINGS
3
DISCUSSIONS
3

Share Purchase Exchange Of Contracts (Buyer Board Minutes)

This legal template, "Share Purchase Exchange of Contracts (Buyer Board Minutes) under UK law," is a document designed to facilitate the smooth exchange of contracts between a buyer and seller in a share purchase transaction. It specifically focuses on the buyer's actions and responsibilities during the exchange process, as recorded in the minutes of a board meeting or written resolution under UK law.

The template likely contains a detailed outline of the essential steps and considerations required before finalizing the share purchase. It may include specific provisions related to the buyer's board of directors or shareholders, outlining their roles and responsibilities, and expressing agreement to the terms and conditions of the share purchase contract.

The document could cover various aspects, such as authorization of key individuals to sign the contract on behalf of the buyer, discussion and approval of any necessary resolutions or consents, confirmation of the purchase price and payment details, reviewing any warranties or indemnities involved in the transaction, and ensuring compliance with relevant legal and regulatory requirements.

Additionally, the template might incorporate provisions for addressing potential disputes, confidentiality obligations, governing law, and jurisdiction to protect the interests of both parties involved.

By utilizing this legally-approved template, businesses engaging in share purchase transactions can ensure that all necessary steps have been taken, formalities have been followed, and necessary approvals have been obtained before executing the contract. This assists in safeguarding the rights and interests of the buyer while promoting a transparent and efficient exchange process in accordance with UK law.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales
TEMPLATE
USED BY
4
RATINGS
3
DISCUSSIONS
0