Security of Payments

NSW

An easy-to-follow and practical guide facilitating quick and efficient debt recovery of outstanding payments for clients within the building and construction industry.

The guide includes informative commentary on the relevant issues and precedents for each step of the recovery process, enabling practitioners to confidently act for both claimants and respondents and to comply with all requirements of the Building and Construction Industry Security of Payment Act 1999.

Debt recovery procedures under the Contractors Debts Act 1997 are also covered.

Precedents provided with this publication include:

• Letter of demand incorporating payment claim;
• Example – Payment schedule;
• Statement of liquidated claim with example content;
• Necessary precedents for filing an adjudication certificate as a judgment date.

The comprehensive Retainer Instructions ensures nothing is missed and the client is properly advised.