SECURITY OF PAYMENTS

In addition to the standard business laws, regulations and requirements, there are specific payment requirements in the building and construction industry that must be complied with.

Under the Building and Construction Industry Security of Payment Act parties contracted to carry out construction work, or supply related goods or services, in NSW are entitled to receive and recover progress payments for work delivered.

As the process was designed to provide fair and timely remuneration for work delivered, there are strict procedural steps and key deadlines that must be adhered to.

Shire Legal can assist you through this process and provide advice and representation to both claimants pursuing a payment claim and respondents responding to payment claims.

Contact us to find out more or to arrange a consultation with an experienced solicitor.