Security Of Payments Act Blog

Security Of Payments Act Adjudication

Options for Security of Payments Act Adjudication are:

  • Upon receipt of a Payment Schedule in response to your Payment Claim and you dispute the Payment Schedule
  • If you receive a Payment Schedule but don’t receive payment by the due Date
  • Upon receipt of a Payment Schedule in response to your Second Notice and you dispute the Payment Schedule
  • After the expiry of the time allowed under the Second Notice

 

Security Of Payments Act Timelines

How Long Will It Take For Us To Collect Your Money For You ?

We Get The Process Moving For You The Same Day

As soon as we have all of the documentation from you that we require we prepare and serve the Payment Claim to start the clock ticking.

We Don’t Waste A Single Day

Under the Security Of Payments Act both the claimant and the Respondent must comply with a very tight, strict set of timelines. As soon as we are allowed to move to the next step we progress the matter that very same day.

Security Of Payments Act

Security Of Payments Act Debt Collection For Contractors

Recent changes to the Security Of Payments Act increase the chance of collecting payment for construction work and or related goods and services, and minimise your exposure to incurring extra costs when payment is not forthcoming.

Security Of Payments Act Debt Collection For Contractors In Building & Construction

How To Know When To Press For Payment Of A Claim. There are several considerations : Your Cashflow requirements Long term relationship with your client Your Contractual Rights Time Limits on making a claim under the Act

Let’s think through one by one how this key issues might affect you.

Debt Collection For Contractors

Security Of Payments Act Debt Collection For Contractors

We are No 1 For Contractors Debt Recovery

We have been collecting money for construction work for over 30 years.

We Will Collect Your Money Quicker & Cheaper

We specialise in the recovery of outstanding payments and bad debts in the Building & Construction Industry Australia wide.

If you are owed money for construction work, and or related goods and services you need a Security Of Payment Specialist to deal with this for you.

Security Of Payments Act - How To Start

It may be time to formalise your debt. DO NOT DELAY. Secure your Position NOW!

Security Of Payments Act What Do We Do To Collect Your Money For You

Payment Claims – those that are legally binding and those that aren’t…

Security Of Payments Act Costs As Little As $220.00

Depending On How Difficult You Debtor Is It Could Be As Little As $220.00 + GST

Debtors often pay on receipt of a formal ‘Payment Claim’ which can cost as little as $220.00 + GST

NO WIN – NO FEE

We charge for basic costs along the way which are great value for the work we do for you. And definitely a lot cheaper than our competitors and lawyers who aren’t as successful as we are.

Our main fee is a ‘Success Fee’ which we will only charge once we have recovered the money for you. To see more about our flexible fee arrangements read on.