#security of payment

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Contracts Specialist are specialist building and construction lawyers who can help you enforce your legal rights. We only work on construction law matters so you can be confident you are getting the right advice. Our main services include Security of Payments, Building Disputes, Construction Contract, Building Contract, Construction Lawyer, Building Lawyer

What’s a Security of Payments Act?

Generally, it’s fast track interim payment.  Broadly speaking, it’s legislation that makes builders pay first and argue later.

It means you usually have a right to fast interim payment for any construction work you have done, or construction work, goods and services you have supplied despite what the contract says.

Examples of construction work, goods and services.

If ‘Garden Supplies’ supplied…

#Owner hasn’t paid my #SecurityofPaymentsAct, #SOP #paymentclaim and gave me no reasons. What do I do?

If you made a valid claim and they didn’t pay, or give you reasons for not paying -that is they didn’t give you a valid Security of Payment Act payment schedule- you can, usually, apply for a court judgment straightaway or take them to adjudication. If you made a valid claim and they agreed to pay some of it  -that is they gave you a valid Security of Payment Act payment schedule- they, usually,…

What is an ‘Excluded Amount’ under the Security of Payment Act (#SOP) in Victoria

Generally, the Victorian #SecurityofPayment Act excludes certain types of claims from being included in a  fast-track payment claim under the Act.  These claims are called #ExcludedAmounts. The Victorian #SecurityofPayments Act, generally, won’t let you include claims, under the Act, for money where the claim is based on, for example: a #variation that is not a claimable variation time related…

What’s a Security of Payments Act Payment Schedule

Generally, a #SecurityofPayment Act #paymentschedule is a list of reasons  given by the owner outlining why they shouldn’t pay the amount you have asked them to pay, in your #paymentclaim. In the schedule, the owner also has to say how much they will pay and then is legally bound to pay that much, at least. We can help you check a payment schedule to see if it is valid. You might be given a…

What’s a Security of Payments Act?

Generally, it’s fast track interim payment.  Broadly speaking, it’s legislation that makes builders pay first and argue later.

It means you usually have a right to fast interim payment for any construction work you have done, or construction work, goods and services you have supplied despite what the contract says.

Examples of construction work, goods and services.

If ‘Garden Supplies’ supplied…

What is the #SecurityofPayments Act? It’s fast-track interim payment

Generally, it’s legislation that makes owners pay first and argue later. It means you usually have a right to fast interim payment for any #constructionwork you have done or construction work, goods and services you have supplied despite what the contract says. Examples of construction work, goods and services are: If ‘Garden Supplies’ supplied soil to a landscape gardener then ‘Garden Supplies’…