Security of Payments Act Blog by Recoup

Security Of Payments Act Workshop

Register Now for the Security Of Payments Act Workshop – 8 November 2016

Building and Construction Industry Security of Payment Act 1999 - 2015 Discussion Paper

Discussion Paper – December 2015 released by Fair Trading NSW Govt.
Among other things, let the Government know how ineffective the Subcontractor Statement is and demand that they amend the law to include severe penalties for falsifying it and to make Directors personally liable for debts covered by it.

BCIPA QLD Adjudication Application Assistance A Smart Move For Claimants

According to QBCC statistics approximately 70% of adjudication applications lodged by claimants are being found to be invalid based on jurisdictional issues that are easily avoided with the right know how.

Contract Administration 2016

In the coming months we will be featuring a series of articles that will speak into your world in a way that will bring new meaning to the dreaded words ‘paper work’, and revitalise not only your desire for, and commitment to, a competent and professional approach to your construction projects, but the very attitudes, processes and structures that you currently use to “get the job done”.

We will be calling this series: ‘Contract Administration 2016’, and will consist of 8 installments jam packed with tips that, if implemented consistently, will boost your profitability significantly.

Townsend Group Pty Ltd in Adminstration

Are Directors and management at Townsend Group Pty Ltd untruthful, or incompetent, or both?

Mr Russ Hill (Director): “we are not in trouble – keep working” – 2 September 215

Ms Daila Jansons (Director): “we are most definitely not in trouble” – 3 September 2015

Mr David Christie: (General Manager): “we are paying you tomorrow” – 9 November 2015

Case Study: Shop Owner Denies Requesting Works

Case Study:

Shop owner engages roofer by phone to carry out roof repairs then later denies requesting works.

Outcome:

Week 1: RECOUP serves payment claim on shop owner for roofer.

Week 3: RECOUP serves 2nd Notice on shop owner.

Week 4: RECOUP applies for adjudication.

Week 7: RECOUP wins at adjudication for roofer.

Week 8: RECOUP enters judgment at local court and obtains bank garnishee order.

Week 9: RECOUP receives cheque direct from shop owner’s bank and pays roofer.

Get RECOUP Contractor Debt Recovery on the job for you today.

1300 RECOUP Debt Recovery Contact Us For Security Of Payment Act Know How

Alukat Facade Pty Ltd In Liquidation

Alukat Facade Pty Ltd is the second Alukat entity to go into liquidation within the space of a year.

Construction Contracts

Building & Construction contracts can be a real minefield. They can be very one sided and unfair. They can be poorly drafted / constructed and cause more difficulty in resolving disputes than they solve. But at the end of the day once you sign a contract you’re bound by its terms and conditions.

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RECOUP are Australia’s foremost Security Of Payments Act Experts & Debt Recovery and Debt Collection Specialists for Building and Construction Contractors.

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 through this Security Of Payments Act Blog and our Security Of Payments Act Newsletter .

RECOUP provides information and assistance about, and runs claims for claimants under, the following state based 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)”

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