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The Act
NSW Government's Building and Construction Industry Security of Payment Act 1999.
The intention of the Act is to quickly settle disputes over progress payments in the building and construction industry.
The Act creates a statutory right to receive payment for all parties that contract to carry out construction work.
Are you eligible ?
Contractors against principals/developers
Subcontractors against contractors
Suppliers against clients
Our Professional Services
Payment Security Solutions are experienced specialist professionals in regard to Payment Claim preparation, Adjudication Applications and enforcement.
We service clients from Queensland and NSW in regard to their respective Acts.
Payment Security Solutions are the leading consultancy service in NSW in regard to the Act with the highest rate of success for our clients.
Procedure
The first step in the process is to make a Payment Claim.
You may then receive a Payment Schedule.
If the amount in the Schedule is less than the amount in the Claim then you may proceed to Adjudication.
Seminars and Training
Train your administration staff to invoice correctly under the Act.
Learn the terms and definitions of the Act.
Know your legal entitlement to get paid for work that you have done.
Please feel free to BOOKMARK or FAVOURITE our Website as it is a good, simple description of the NSW Building and Construction Security of Payments Act ( and the respective and similar Queensland legislation ) All links to the relevant, respective Acts in Queensland and NSW are current and will be kept as such. You never know - One day you may need our services - whether it be our professional services or increasing your knowledge of the Act with our seminars. PAYMENT SECURITY SOLUTIONS ; Complete professional services for the Security of Payments Act - WE GET RESULTS !