Proposed Reform of the Security of Payment Act

All Australian states and territories introduced legislative security payment legislation to address poor payment practices in the construction sector. Victorian security of payment law is established by the Building and Construction Industry Security of Payment Act 2002 (Act).

Katie Gold20 February 2024security of payment act, reform, subcontractors, contracts, adjudicator, urban lawyers, chris moshidis, legislation

Security Of Payment Laws: A Call For A National Regime

The Building and Construction Industry Security of Payment Act has been operating in Victoria since 2002. Other states and territories have also enacted their own security of payment legislation such as New South Wales which has had its own security of payment regime in place since 1999.

construction law, building lawKatie Gold6 September 2018security of payment act, building, construction, new south wales, commonwealth government, victoria, recommendations, Queensland, Northern Capital Territory, South Australia, Review of Security of Payment Laws, Tasmania, Western Australia, pay when paid, adjudicator

Contractor's Rights - Get Paid With The Security Of Payment Act (SoP Act VIC)

Contractors often experience significant delays in receiving payment during the course of a construction project or do not receive payment at all.

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