Construction Lawyer & Building Solicitors Sydney | Contracts Specialist Law Firm

Need a Security of Payment Lawyer?

Contracts Specialist is here to assist you in enforcing your rights under the SOP Act and defending your interests in legal matters related to payment claims and payment schedule under the Security of Payment Act. Please let us know your situation, and we’ll provide the expert legal guidance you need to move forward with confidence

What is Security of Payments?

Under the Security of Payment Act (SOPA), progress payments are enforced, and payment disputes are quickly resolved. The Act’s primary objective is to grant progress payments to contractors, subcontractors, and suppliers, in accordance with the Building and Construction Industry Security of Payment Act 1999 (NSW)

Furthermore, it obliges the client to rightfully grant payments and promotes a fair process for both builders and clients under the Security and Payment Act 1999.

This legislation ensures that progress payments in the building and construction industry are enforced promptly and fairly. Our team at Contracts Specialist specialises in navigating the complexities of the  Building Industry Security of Payment Act, and handling SOPA payment issues, including SOPA payment claims.

The Building and Construction Industry Security of Payment Act of 1999, along with other relevant security of payment legislation, are essential components of our legal practice.

Security of Payment, as outlined in the Security of Payment Act, guarantees that individuals involved in construction work or the supply of goods and services under a construction contract can claim the money owed to them.

This legislation entitles builders to progress claims without waiting for the end of the contract to receive payment.

The Act enforces several crucial rights, including the:

Right to progress payment under the Security of Payment Act 1999.
Right to claim for interest.
Right to suspend the work or supply of goods.
Right to have a disputed claim be determined fairly by a government-authorised adjudicator under the SOPA.
Right to enter a judgement in court if your claim is ignored under the Security Payment Act 1999.

Why is the Security of Payment Act Important?

The Security of Payment Act plays a crucial role in ensuring that builders are rightfully paid. It enables builders to effectively manage their cash flow and imposes clients to duly respond to payment claims in accordance with payment schedule security of payment act. Additionally, it empowers builders with the right to defend themselves against unjustified non-payments, in line with the Building Industry Security of Payment Act and other relevant security of payment legislation.

Understanding and abiding by the Security of Payment Act and its related acts are fundamental to maintaining fairness and transparency in the construction industry.

How Our Security of Payments Lawyer Can Assist You

Contracts Specialist possesses extensive knowledge and experience in construction law, encompassing the Security of Payment Act, the Building and Construction Industry Security of Payment Act 2002, the Building and Construction Security of Payment Act 2004, and the Building and Construction Industry Security of Payment Act 2009 Act.

Our team is here to provide you with comprehensive support:

Informing You of Your Legal Rights

We will ensure you are fully aware of your legal rights under the Security and Payment Act 1999 and other related security of payment legislation.

Assisting with Payment Claims

We will guide you through the process of preparing your payment claim or payment schedule in accordance with the SOPA.

Adjudication Application Support

Our experts will assist you in preparing and submitting your adjudication application under the Security of Payment Act and the Building and Construction Payment Act.

Enforcement of Adjudication Decisions

We will ensure that your adjudication decision is enforced, in alignment with the Building Industry Security of Payment Act.
At Contracts Specialist, we are dedicated to helping you navigate the complexities of the Security of Payment Act and associated legislation, ensuring your rights are protected throughout the process.
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