Security Of Payments Act TAS
Whilst the building and construction industry in Tasmania may not be huge it is vital for contractors to get paid for their work. The BCISPA 2009 is the solution to ensure rapid payment of construction debts.
If you haven’t used the Security Of Payments Act before and aren’t sure what to put on your invoices see more at http://recoup.com.au/tas-security-of-payment-act
Building & Construction Industry Security Of Payments Act 2009
Debt Collection for building & construction industry subcontractors, contractors, suppliers, consultants who have carried out construction work or supplied goods or related services for a construction project in Tasmania.
The Security of Payments Act TAS is a highly successful, fast, affordable means of solving payment disputes.
The process takes about 6 weeks. The first step is a payment claim which ultimately ends up in adjudication if it is not paid.
To make a claim under the Security Of Payments Act TAS you should have this statement on all of your invoices :
‘This is a payment claim made under the building & construction industry security of payment act 2009’
But that’s not all there is to it – call us to make sure your claim is valid.
Security Of Payments Act TAS & Construction Contracts
If you considering entering into a construction contract for a project you have tendered on but are worried about the contract you are being asked to sign call us and we will help you understand all of the fine print in plain english.