Is “Who” you are or will be working for going to pay you ?
In the current uncertain times for the Building & Construction Industry this question is more important than ever.
And never forget; Prevention Is The Best Cure.
So, “Who” are you working for ?
“Who” are you quoting / tendering on work for ?
“Who” are you about to accept an order from or enter into a contract with ?
Once you establish “Who” you will be working for, you will either have confidence that you will be paid for your goods & services without any fuss, or you will have doubts that any involvement at all may not be a good idea.
How to establish your potential Clients credibility and trustworthiness is essential for you.
Put quite simply; should you extend credit to this person or company ?
The best way to come to a wise decision without offending anyone and damaging customer relations is to complete a series of checks via publicly available information discreetly that provide all the information you need to know about their credibility – or in other words your exposure.
In our next Post we will detail the Project / Client Checklist that ensures you are fully informed before it’s too late.
In the meantime please visit our website for Security Of Payments Act information on how we may assist you further : recoup.com.au
In most instances we use the “Building & Construction Industry Security Of Payments Act” to recover your money but not always – there are sometimes more appropriate options.
You may call us on 1300 RECOUP (1300 732 687)
Please follow our Security Of Payment Act Blog as we bring you important information on Construction Debt Recovery that will you help you get paid for all of your hard work !!
RECOUP Contractor Debt Recovery