NSW 2009, Australia
100 Harris St, Pyrmont
24/7 Customer Support
Mon - Fri: 8:00 - 18:00
You can contact us during the above work hours.
Construction Lawyer & Building Solicitors Sydney | Contracts Specialist Law Firm
100 Harris St, Pyrmont
24/7 Customer Support
You can contact us during the above work hours.
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 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.
If you’re a homeowner in New South Wales, it’s crucial to understand Construction Law to protect your investment. This ultimate guide to Construction Law is specifically designed to provide homeowners with essential insights into the legal landscape of home building in NSW.
If you’re a homeowner in New South Wales, it’s crucial to understand Construction Law to protect your investment. This ultimate guide to Construction Law is specifically designed to provide homeowners with essential insights into the legal landscape of home building in NSW.