Simply put, security of payment legislation helps ensure that any person who carries out construction work or supplies related goods and services under a construction contract gets paid. The legislated regime is prescriptive with strict time frames, which must be complied with. There are no excuses for not understanding you obligations.

In this briefing, informed Risk Manager, Felicity Jools, will be reviewing the terms of NSW Building & Construction Industry Security Of Payment Act 1999, the recent amendments to the Act arising out of the Collins Inquiry and some practical tips for consultants dealing with payment claims and adjudications under the Act.