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Payment disputes are not good for anyone but they happen everyday and inevitably they may happen to you. Security of Payment legislation provides adjudication which may help you with your payment problems.
You may be seeking payment for works done so you can pay your own bills OR you don’t want to pay someone because the works are incomplete or defective.
So what could be the answer to resolve the dispute?
SECURITY OF PAYMENT LEGISLATION
All the Australian States and Territories, New Zealand and Singapore have recognized that Security of Payment type legislation resolves payment disputes quickly and assists cash flow down the contract chain for the benefit of contractors, suppliers and employees.
Information on the various East Coast legislations can be found at our States & Territories Page by clicking here.
Security of Payment Legislation has been around in Australia since 2000 so it is tried and tested and has passed all challenges and criticisms. In short this type of legislation works and is very effective to get results quickly.
In most cases the legislation keeps the dispute out of the court system but still can provide a court judgment on account.
Want to find out more?
Then browse through this site and give Able Adjudication a ring to find out more about the various legislations that may be affecting you.
Don’t wait before it’s too late. Contact Able Adjudication now.
