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Security of Payments Act Blog by Recoup

Reed Constructions Australia Pty Ltd Creditors Meeting 2nd August 2012

Read the First Liquidators Meeting Of Creditors of Reed Constructions Presentation here.

Keep up to date with the Reed Constructions Liquidators progress here.

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Information For Subcontractors Engaged By Reed Constructions On Recent RMS Projects

Read Information For Subcontractors Engaged By Reed Constructions On Recent RMS Building & Construction Projects here.

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Reed Constructions Australia Pty Ltd (In Liquidation) Meeting 2nd August 2012

Mark Robinson, Liquidator, has called a meeting to update Creditors on the winding up of the company and to consider if a Committee of Inspection should be appointed.

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Reed Subcontractors Getting Paid Direct From RMS!

Duncan Gay say RMS will pay subbies…

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Reed Constructions Australia Pty Ltd placed in Liquidation

When: Monday 9th July 2012
Where: Supreme Court, Sydney. Justice P Brereton
What Does This Mean For You as an Unsecured Creditor (Subcontractors)?

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Barry O’Farrell unjustly holding money for NSW Govt Projects - Sign the Petition from Reed Subcontractors

RECOUP is running a petition for the Reed Constructions Roads & Maritime Services projects. Sign the petition if you are one of the sub contractors suffering at the hands of Barry O’Farrell.

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ABC News.. Building & Construction Subcontractors Facing Cash Flow Crisis

Thousands of building & construction subcontractors are facing a cash flow crisis after several firms doing major government contracts failed in the past two months. Security Of Payments Act claims have helped some contractors recover debt for building & construction work but many remain unpaid and remain skeptical about what other form of debt collection may be the solution.

Read full report here : By Stan Corrie for Background Briefing

 

 

 

 

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ABC Radio Reports on Building & Construction Crisis

Stan Correy of ABC Radio National’s “Background Briefing” reports on Reed & St Hilliers collapses…

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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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