Contractors Debt Recovery Company, RECOUP, Are The Security Of Payment Experts to Turn To For Specialist Building & Construction Assistance.

When other so called contractors debt recovery gurus didn’t have the courage and the determination to take on Reed Constructions and the New South Wales Government, RECOUP came to the fore and RECOUP’s clients banked the money they had worked for.

The Security Of Payments Act first came into operation in New South Wales in 2000. The other states followed soon after.

Glenn Bower, Security Of Payment Act Specialist since 2000, is a CAPI licenced Mercantile Agent in Debt Recovery and Process Serving and is the principal of RECOUP Contractors Debt Recovery, who hold a CAPI Master Licence in Debt Recovery and Process Serving.

Whilst our so called competitors boast about recovering $22M over the last 7 years, RECOUP can lay claim to recovering double that in 12 months.

But more importantly, RECOUP takes on the tough cases that others say are a lost cause, and RECOUP wins.

And,what RECOUP is proudest of is our commitment to obtaining justice for our clients in the face of adversity.

When the big end of town attempts to intimidate us we step up to mark and take the fight up to what usually turns out to be bullies with no substance.

 

Security Of Payment Act Expert Tips & Tricks

Read the contract carefully BEFORE you sign it……

Simple but consistent contract admin……

Use a Construction Site Diary…….

Take photos of your work daily……

Properly prepared Payment Claims……

Claim variations as you go……

Fix defective works as you go……

Don’t be too Patient……

When Payment Is Due Ask Where It Is……

When promise of payment isn’t delivered……

Don’t hesitate to invoke your rights……

A claimant who has carried out construction work……

Is entitled to a progress payment……