The Construction Industry Security of Payment Ordinance (Cap. 652) (“SOPO”) came into full effect on 28 August 2025. The SOPO aims to facilitate the recovery of payments under construction contracts and to provide a mechanism for speedy resolution of payment disputes through adjudication proceedings.
HKIAC has been appointed as an Adjudicator Nominating Body (“ANB”) under the SOPO by the Development Bureau of the Government of the HKSAR and is authorised to perform the functions of an ANB as specified in the SOPO, including the appointment of adjudicators. HKIAC has established a qualified Panel of Adjudicators under the SOPO.
The SOPO applies to main contracts for carrying out construction work (with contract value of not less than HK$5 million), and main contracts for the supply of goods (e.g. materials and plant) or services related to the construction work (with contract value of not less than HK$0.5 million). Sub-contracts under the same supply chain of applicable main contracts will also be governed by the SOPO.
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