Increase your chances of successful Contractors Debt Recovery by getting RECOUP on board NOW !
The chances of Contractors Debt Recovery in the Building & Construction Industry can be increased significantly by serving a “Payment Withholding Request” on the Principal under the Security Of Payment Act.
Once we apply for adjudication of your payment claim under the Security Of Payment Act for you, we can serve a “Payment Withholding Request” on the Principal (your debtors client) forcing them to hold funds back from your debtor, and then for the funds to be paid directly to you after you are successful at adjudication.
Apart from the Security Of Payment Act, no other contractors debt recovery process provides the same fast provision to secure your money by keeping it out of the hands of the person that doesn’t want to pay you and ensures that the person who does want to pay you can.
Once the adjudication process under the Security Of Payment Act is complete we will have the debt reassigned to the principal who in most instances wants to see you get paid.
This makes contractors debt recovery more certain.
RECOUP Contractors Debt Recovery is No 1 for debt recovery in the building & construction industry Australia wide.
Start the process now before it is too late.
Call 1300 RECOUP (1300 732 687)
RECOUP aims to keep all stakeholders in each state up to date with changes and developments in each state’s legislation that impact claiming payments for building and construction work.
RECOUP provides information and assistance regarding the following legislation:
New South Wales: “Building and Construction Industry Security of Payment Act 1999″
Victoria: “Building and Construction Industry Security of Payment Act 2002″
Queensland: “Building and Construction Industry Payments Act 2004″
Australian Capital Territory: “Building and Construction Industry (Security of Payment) Act 2009″
South Australia: “Building and Construction Industry Security of Payment Act 2009″
Tasmania: “Building and Construction Industry Security of Payment Act 2009 (No.86 of 2009)”