Security Of Payments Act VIC
BCISPA 2002 has changed the way Victoria Construction Contractors recover outstanding payments for their work
WARNING: If you have not made a claim for your work and the 3 month mark is approaching from when you last worked on the job – call us urgently. See more detail at http://recoup.com.au/vic-security-of-payment-act
Building & Construction Industry Security Of Payments Act 2002
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 Victoria.
The Security of Payments Act VIC 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 VIC you should have this statement on all of your invoices :
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 2002’
But that’s not all there is to it – call us to make sure your claim is valid.
RECOUP Contractor Debt Recovery has a specialised team that knows the building and construction industry like no other and is truly affordable and highly successful.
If you are feeling like your money is lost call us and you might be pleasantly surprised.